Fortis Group Advisors LLC Acquires 70,779 Shares of Cambria Global Value ETF $GVAL

Fortis Group Advisors LLC grew its holdings in Cambria Global Value ETF (BATS:GVAL) by 121.9% in the fourth quarter, Holdings Channel reports. The firm owned 128,859 shares of the company’s stock after buying an additional 70,779 shares during the quarter. Cambria Global Value ETF accounts for about 0.8% of Fortis Group Advisors LLC’s portfolio, making the stock its 28th biggest position. Fortis Group Advisors LLC’s holdings in Cambria Global Value ETF were worth $4,483,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Cambria Investment Management L.P. increased its holdings in shares of Cambria Global Value ETF by 68.6% in the 3rd quarter. Cambria Investment Management L.P. now owns 1,191,793 shares of the company’s stock worth $34,836,000 after purchasing an additional 485,102 shares in the last quarter. SMI Advisory Services LLC increased its holdings in shares of Cambria Global Value ETF by 2.6% in the 4th quarter. SMI Advisory Services LLC now owns 610,335 shares of the company’s stock worth $20,043,000 after purchasing an additional 15,564 shares in the last quarter. Rockport Wealth LLC increased its holdings in shares of Cambria Global Value ETF by 29.9% in the 4th quarter. Rockport Wealth LLC now owns 191,207 shares of the company’s stock worth $6,017,000 after purchasing an additional 43,986 shares in the last quarter. Del Sette Capital Management LLC increased its holdings in shares of Cambria Global Value ETF by 1.2% in the 4th quarter. Del Sette Capital Management LLC now owns 158,873 shares of the company’s stock worth $5,000,000 after purchasing an additional 1,865 shares in the last quarter. Finally, Optima Capital LLC grew its position in Cambria Global Value ETF by 4.4% in the 4th quarter. Optima Capital LLC now owns 149,586 shares of the company’s stock worth $4,707,000 after purchasing an additional 6,330 shares during the period.

Cambria Global Value ETF Trading Up 2.1%

BATS:GVAL opened at $35.37 on Thursday. Cambria Global Value ETF has a 12 month low of $25.89 and a 12 month high of $36.44. The company has a market cap of $304.18 million, a PE ratio of 10.49 and a beta of 0.76. The company has a 50 day simple moving average of $34.34 and a two-hundred day simple moving average of $33.28.

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.