Compass Ion Advisors LLC Decreases Stake in Cambria Global Momentum ETF (BATS:GMOM)

Compass Ion Advisors LLC cut its position in shares of Cambria Global Momentum ETF (BATS:GMOM) by 16.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,505 shares of the company’s stock after selling 3,804 shares during the period. Compass Ion Advisors LLC owned approximately 0.33% of Cambria Global Momentum ETF worth $568,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of GMOM. Mutual Advisors LLC raised its stake in Cambria Global Momentum ETF by 29.2% during the third quarter. Mutual Advisors LLC now owns 15,562 shares of the company’s stock worth $419,000 after purchasing an additional 3,515 shares during the period. Arvest Investments Inc. purchased a new position in Cambria Global Momentum ETF during the fourth quarter worth about $3,149,000. Lincoln National Corp raised its stake in Cambria Global Momentum ETF by 0.9% during the fourth quarter. Lincoln National Corp now owns 47,032 shares of the company’s stock worth $1,293,000 after purchasing an additional 406 shares during the period. Finally, Wealthcare Advisory Partners LLC raised its stake in Cambria Global Momentum ETF by 3.7% during the first quarter. Wealthcare Advisory Partners LLC now owns 27,991 shares of the company’s stock worth $815,000 after purchasing an additional 1,007 shares during the period.

Cambria Global Momentum ETF Stock Down 0.5 %

Shares of GMOM stock opened at $28.38 on Tuesday. The stock’s 50 day moving average price is $28.83 and its 200-day moving average price is $28.26. The stock has a market capitalization of $137.63 million, a P/E ratio of 8.23 and a beta of 0.67.

Cambria Global Momentum ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Monday, June 24th will be paid a $0.098 dividend. 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.