Raymond James Financial Inc. Makes New Investment in Cambria Emerging Shareholder Yield ETF (BATS:EYLD)

Raymond James Financial Inc. acquired a new stake in Cambria Emerging Shareholder Yield ETF (BATS:EYLD) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 583,136 shares of the company’s stock, valued at approximately $18,258,000. Raymond James Financial Inc. owned approximately 5.63% of Cambria Emerging Shareholder Yield ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sugar Maple Asset Management LLC acquired a new position in Cambria Emerging Shareholder Yield ETF during the fourth quarter valued at approximately $32,000. Focus Financial Network Inc. grew its stake in shares of Cambria Emerging Shareholder Yield ETF by 5.8% in the fourth quarter. Focus Financial Network Inc. now owns 6,532 shares of the company’s stock worth $205,000 after purchasing an additional 357 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in Cambria Emerging Shareholder Yield ETF in the fourth quarter valued at $250,000. Clarity Capital Partners LLC lifted its holdings in Cambria Emerging Shareholder Yield ETF by 9.9% in the fourth quarter. Clarity Capital Partners LLC now owns 10,787 shares of the company’s stock valued at $338,000 after buying an additional 971 shares during the period. Finally, Accurate Wealth Management LLC lifted its holdings in Cambria Emerging Shareholder Yield ETF by 57.9% in the fourth quarter. Accurate Wealth Management LLC now owns 11,645 shares of the company’s stock valued at $358,000 after buying an additional 4,271 shares during the period.

Cambria Emerging Shareholder Yield ETF Trading Up 7.2 %

Shares of BATS EYLD opened at $33.21 on Tuesday. Cambria Emerging Shareholder Yield ETF has a 1-year low of $30.23 and a 1-year high of $36.16. The firm has a market capitalization of $501.47 million, a P/E ratio of 7.40 and a beta of 0.79. The firm’s 50-day moving average price is $31.91 and its 200-day moving average price is $32.74.

Cambria Emerging Shareholder Yield ETF Company Profile

The Cambria Emerging Shareholder Yield ETF (EYLD) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in emerging market stocks focused on shareholder yield, as measured by dividend payments and net share buybacks. EYLD was launched on Jul 14, 2016 and is managed by Cambria.