Lifeworks Advisors LLC Sells 1,549 Shares of Cambria Global Momentum ETF $GMOM

Lifeworks Advisors LLC lowered its position in shares of Cambria Global Momentum ETF (BATS:GMOM) by 9.5% during the second quarter, HoldingsChannel.com reports. The fund owned 14,805 shares of the company’s stock after selling 1,549 shares during the quarter. Lifeworks Advisors LLC’s holdings in Cambria Global Momentum ETF were worth $439,000 at the end of the most recent quarter.

Separately, Bravias Capital Group LLC boosted its position in Cambria Global Momentum ETF by 9.1% during the first quarter. Bravias Capital Group LLC now owns 225,361 shares of the company’s stock valued at $6,443,000 after acquiring an additional 18,810 shares during the last quarter.

Cambria Global Momentum ETF Trading Down 0.5%

Shares of GMOM opened at $32.71 on Friday. The stock has a market capitalization of $121.01 million, a P/E ratio of 15.73 and a beta of 0.45. The firm’s fifty day simple moving average is $32.05 and its two-hundred day simple moving average is $30.39. Cambria Global Momentum ETF has a 12 month low of $25.48 and a 12 month high of $30.65.

Cambria Global Momentum ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Tuesday, September 23rd were given a dividend of $0.0655 per share. The ex-dividend date of this dividend was Tuesday, September 23rd. This represents a $0.26 dividend on an annualized basis and a yield of 0.8%.

Cambria Global Momentum ETF Company Profile

The Cambria Global Momentum ETF (GMOM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that selects approximately 17 ETFs, across various asset classes, based on price momentum. The fund aims for capital appreciation rather than income.