HBW Advisory Services LLC Increases Position in Cambria Global Value ETF $GVAL

HBW Advisory Services LLC increased its holdings in Cambria Global Value ETF (BATS:GVAL) by 254.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,687 shares of the company’s stock after acquiring an additional 29,930 shares during the period. HBW Advisory Services LLC owned about 0.48% of Cambria Global Value ETF worth $1,383,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of GVAL. Geneos Wealth Management Inc. bought a new stake in Cambria Global Value ETF during the second quarter worth $26,000. Ascentis Independent Advisors bought a new position in Cambria Global Value ETF in the 1st quarter valued at $66,000. Northwestern Mutual Wealth Management Co. grew its stake in Cambria Global Value ETF by 10,151.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,793 shares of the company’s stock valued at $119,000 after purchasing an additional 3,756 shares during the period. Longview Financial Advisors Inc. purchased a new stake in shares of Cambria Global Value ETF during the 1st quarter valued at $132,000. Finally, Astoria Portfolio Advisors LLC. purchased a new stake in shares of Cambria Global Value ETF during the 4th quarter valued at $195,000.

Cambria Global Value ETF Price Performance

BATS GVAL opened at $36.98 on Wednesday. The business’s fifty day moving average is $35.95 and its 200-day moving average is $34.73. The stock has a market capitalization of $318.03 million, a price-to-earnings ratio of 10.49 and a beta of 0.76. Cambria Global Value ETF has a one year low of $27.17 and a one year high of $37.94.

Cambria Global Value ETF Company 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.