Professional Financial Advisors LLC Sells 2,590 Shares of Cambria Global Asset Allocation ETF (BATS:GAA)

Professional Financial Advisors LLC trimmed its position in shares of Cambria Global Asset Allocation ETF (BATS:GAA) by 5.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 49,694 shares of the company’s stock after selling 2,590 shares during the quarter. Professional Financial Advisors LLC owned approximately 2.62% of Cambria Global Asset Allocation ETF worth $1,422,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. bought a new position in shares of Cambria Global Asset Allocation ETF during the third quarter worth about $79,000. StoneX Group Inc. grew its stake in Cambria Global Asset Allocation ETF by 40.5% in 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 period. Finally, Focus Financial Network Inc. increased its holdings in shares of 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 valued at $3,723,000 after acquiring an additional 50,796 shares in the last quarter.

Cambria Global Asset Allocation ETF Trading Down 0.2 %

BATS GAA opened at $28.12 on Tuesday. Cambria Global Asset Allocation ETF has a 12-month low of $24.76 and a 12-month high of $28.60. The company has a market cap of $53.43 million, a P/E ratio of 6.65 and a beta of 0.47. The company has a fifty day simple moving average of $28.99 and a 200 day simple moving average of $29.04.

Cambria Global Asset Allocation ETF Cuts Dividend

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

Cambria Global Asset Allocation ETF Company 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.