Janney Montgomery Scott LLC Grows Stock Position in Cambria Global Value ETF $GVAL

Janney Montgomery Scott LLC increased its stake in Cambria Global Value ETF (BATS:GVAL) by 194.7% in the first quarter, Holdings Channel reports. The institutional investor owned 55,892 shares of the company’s stock after acquiring an additional 36,926 shares during the period. Janney Montgomery Scott LLC’s holdings in Cambria Global Value ETF were worth $1,854,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of GVAL. Longview Financial Advisors Inc. purchased a new position in Cambria Global Value ETF during the first quarter worth $132,000. Astoria Portfolio Advisors LLC. purchased a new stake in shares of Cambria Global Value ETF in the fourth quarter valued at $195,000. MML Investors Services LLC raised its stake in shares of Cambria Global Value ETF by 2,450.1% in the fourth quarter. MML Investors Services LLC now owns 329,093 shares of the company’s stock valued at $10,357,000 after acquiring an additional 316,188 shares during the period. Prudential PLC lifted its holdings in shares of Cambria Global Value ETF by 2.4% in the 4th quarter. Prudential PLC now owns 38,200 shares of the company’s stock worth $1,202,000 after acquiring an additional 900 shares during the last quarter. Finally, Cibc World Market Inc. bought a new stake in shares of Cambria Global Value ETF in the 4th quarter worth about $716,000.

Cambria Global Value ETF Trading Up 0.7%

GVAL stock opened at $36.48 on Friday. Cambria Global Value ETF has a 12 month low of $27.17 and a 12 month high of $37.94. The company has a 50-day moving average price of $35.84 and a 200 day moving average price of $34.61. The stock has a market cap of $313.73 million, a PE ratio of 10.49 and a beta of 0.76.

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.