Cambria Global Value ETF (BATS:GVAL) Stock Price Breaks Below 200 Day Moving Average – Should You Sell?

Cambria Global Value ETF (BATS:GVAL) shares crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $36.19 and traded as low as $36.02. Cambria Global Value ETF shares last traded at $36.13, with a volume of 482,240 shares.

Cambria Global Value ETF Stock Performance

The stock has a 50 day moving average of $38.42 and a 200-day moving average of $36.19. The firm has a market capitalization of $310.72 million, a P/E ratio of 10.49 and a beta of 0.76.

Cambria Global Value ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 18th were paid a $0.2562 dividend. The ex-dividend date was Friday, September 18th. This represents a $1.02 dividend on an annualized basis and a yield of 2.8%. This is a negative change from Cambria Global Value ETF’s previous quarterly dividend of $0.3357.

Institutional Investors Weigh In On Cambria Global Value ETF

Several institutional investors have recently made changes to their positions in GVAL. Trek Financial LLC grew its position in Cambria Global Value ETF by 2.9% during the third quarter. Trek Financial LLC now owns 380,000 shares of the company’s stock worth $14,379,000 after buying an additional 10,593 shares in the last quarter. Optima Capital LLC increased its stake in Cambria Global Value ETF by 32.6% in the 3rd quarter. Optima Capital LLC now owns 252,940 shares of the company’s stock worth $9,571,000 after acquiring an additional 62,254 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in shares of Cambria Global Value ETF in the 3rd quarter valued at about $13,165,000. FSA Wealth Partners Inc. raised its holdings in shares of Cambria Global Value ETF by 121.1% in the 3rd quarter. FSA Wealth Partners Inc. now owns 40,461 shares of the company’s stock valued at $1,531,000 after acquiring an additional 22,160 shares in the last quarter. Finally, Trademark Financial Management LLC raised its holdings in shares of Cambria Global Value ETF by 1.3% in the 3rd quarter. Trademark Financial Management LLC now owns 22,420 shares of the company’s stock valued at $848,000 after acquiring an additional 296 shares in the last quarter.

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.