JPMorgan Chase & Co. Makes New Investment in Cambria Global Asset Allocation ETF (BATS:GAA)

JPMorgan Chase & Co. acquired a new stake in Cambria Global Asset Allocation ETF (BATS:GAA) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 2,663 shares of the company’s stock, valued at approximately $79,000. JPMorgan Chase & Co. owned about 0.14% of Cambria Global Asset Allocation ETF as of its most recent SEC filing.

Separately, Focus Financial Network Inc. increased its holdings in Cambria Global Asset Allocation ETF by 70.1% during the third quarter. Focus Financial Network Inc. now owns 123,219 shares of the company’s stock worth $3,723,000 after buying an additional 50,796 shares during the last quarter.

Cambria Global Asset Allocation ETF Price Performance

GAA stock opened at $28.90 on Tuesday. Cambria Global Asset Allocation ETF has a one year low of $24.76 and a one year high of $28.60. The company has a fifty day moving average price of $28.87 and a two-hundred day moving average price of $29.05. The stock has a market cap of $54.91 million, a price-to-earnings ratio of 6.65 and a beta of 0.47.

Cambria Global Asset Allocation ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 23rd were paid a $0.0392 dividend. The ex-dividend date was Monday, December 23rd.

About Cambria Global Asset Allocation ETF

The Cambria Global Asset Allocation ETF (GAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that provides exposure to equity, fixed-income, real estate, commodities, and currencies. The fund aims for returns and reduced volatility.