Cambria Global Value ETF $GVAL is Cambria Investment Management L.P.’s Largest Position

Cambria Investment Management L.P. raised its holdings in shares of Cambria Global Value ETF (BATS:GVAL) by 68.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,191,793 shares of the company’s stock after acquiring an additional 485,102 shares during the quarter. Cambria Global Value ETF comprises approximately 2.0% of Cambria Investment Management L.P.’s portfolio, making the stock its biggest holding. Cambria Investment Management L.P. owned approximately 13.86% of Cambria Global Value ETF worth $34,836,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in GVAL. Del Sette Capital Management LLC boosted its holdings in shares of Cambria Global Value ETF by 4.5% in the third quarter. Del Sette Capital Management LLC now owns 157,008 shares of the company’s stock worth $4,589,000 after acquiring an additional 6,697 shares during the period. Susquehanna International Group LLP raised its stake in shares of Cambria Global Value ETF by 50.4% during the 3rd quarter. Susquehanna International Group LLP now owns 130,389 shares of the company’s stock valued at $3,811,000 after purchasing an additional 43,690 shares during the period. Raymond James Financial Inc. raised its stake in shares of Cambria Global Value ETF by 936.8% during the 3rd quarter. Raymond James Financial Inc. now owns 145,925 shares of the company’s stock valued at $4,265,000 after purchasing an additional 131,850 shares during the period. Prudential PLC lifted its holdings in Cambria Global Value ETF by 9.7% during the 3rd quarter. Prudential PLC now owns 37,300 shares of the company’s stock worth $1,090,000 after purchasing an additional 3,300 shares in the last quarter. Finally, IFG Advisory LLC lifted its holdings in Cambria Global Value ETF by 7.4% during the 3rd quarter. IFG Advisory LLC now owns 29,435 shares of the company’s stock worth $860,000 after purchasing an additional 2,023 shares in the last quarter.

Cambria Global Value ETF Stock Down 2.9%

Shares of BATS GVAL opened at $31.75 on Monday. The company has a market cap of $273.05 million, a P/E ratio of 10.49 and a beta of 0.76. Cambria Global Value ETF has a 52 week low of $21.92 and a 52 week high of $36.18. The business has a 50-day simple moving average of $34.34 and a two-hundred day simple moving average of $31.72.

Cambria Global Value ETF Profile

The Cambria Global Value ETF (GVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to select the top 25% of countries from a list of 45 developed and emerging economies, then selects approximately 100 securities from those countries. GVAL was launched on Mar 12, 2014 and is managed by Cambria.