Professional Financial Advisors LLC Lowers Position in Cambria Global Asset Allocation ETF (BATS:GAA)

Professional Financial Advisors LLC lessened its holdings in shares of Cambria Global Asset Allocation ETF (BATS:GAA) by 5.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 49,694 shares of the company’s stock after selling 2,590 shares during the period. Professional Financial Advisors LLC’s holdings in Cambria Global Asset Allocation ETF were worth $1,422,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of GAA. JPMorgan Chase & Co. bought a new position in shares of Cambria Global Asset Allocation ETF during the 3rd quarter valued at about $79,000. StoneX Group Inc. grew its position in Cambria Global Asset Allocation ETF by 40.5% during the third quarter. StoneX Group Inc. now owns 67,812 shares of the company’s stock valued at $2,049,000 after acquiring an additional 19,550 shares during the last quarter. Finally, Focus Financial Network Inc. lifted its holdings in shares of Cambria Global Asset Allocation ETF by 70.1% in the 3rd quarter. Focus Financial Network Inc. now owns 123,219 shares of the company’s stock worth $3,723,000 after acquiring an additional 50,796 shares during the last quarter.

Cambria Global Asset Allocation ETF Stock Down 0.2 %

Shares of BATS:GAA opened at $28.12 on Tuesday. The stock has a market cap of $53.43 million, a PE ratio of 6.65 and a beta of 0.47. The company’s fifty day moving average is $28.99 and its 200 day moving average is $29.04. Cambria Global Asset Allocation ETF has a 52 week low of $24.76 and a 52 week high of $28.60.

Cambria Global Asset Allocation ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Monday, December 23rd were paid a $0.0392 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Cambria Global Asset Allocation ETF Profile

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.