Wealthcare Advisory Partners LLC Increases Stake in Cambria Global Momentum ETF (BATS:GMOM)

Wealthcare Advisory Partners LLC boosted its stake in Cambria Global Momentum ETF (BATS:GMOM) by 3.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,991 shares of the company’s stock after purchasing an additional 1,007 shares during the period. Wealthcare Advisory Partners LLC owned about 0.47% of Cambria Global Momentum ETF worth $815,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Mutual Advisors LLC grew its position in shares of Cambria Global Momentum ETF by 29.2% in the 3rd quarter. Mutual Advisors LLC now owns 15,562 shares of the company’s stock worth $419,000 after buying an additional 3,515 shares during the last quarter. Lincoln National Corp grew its position in shares of Cambria Global Momentum ETF by 0.9% in the 4th quarter. Lincoln National Corp now owns 47,032 shares of the company’s stock worth $1,293,000 after buying an additional 406 shares during the last quarter. Finally, Arvest Investments Inc. bought a new stake in shares of Cambria Global Momentum ETF in the 4th quarter worth approximately $3,149,000.

Cambria Global Momentum ETF Trading Up 0.5 %

Shares of GMOM stock opened at $28.51 on Friday. The company has a market cap of $138.28 million, a price-to-earnings ratio of 8.23 and a beta of 0.67. The stock has a fifty day simple moving average of $28.82 and a 200 day simple moving average of $28.24.

Cambria Global Momentum ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, July 3rd. Investors of record on Monday, June 24th will be given a dividend of $0.098 per share. The ex-dividend date is Monday, June 24th.

About Cambria Global Momentum ETF

The Cambria Global Momentum ETF (GMOM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that selects approximately 17 ETFs, across various asset classes, based on price momentum. The fund aims for capital appreciation rather than income.