Avantax Advisory Services Inc. Invests $251,000 in Cambria Emerging Shareholder Yield ETF (BATS:EYLD)

Avantax Advisory Services Inc. purchased a new stake in shares of Cambria Emerging Shareholder Yield ETF (BATS:EYLD) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 8,014 shares of the company’s stock, valued at approximately $251,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EYLD. Farther Finance Advisors LLC grew its stake in shares of Cambria Emerging Shareholder Yield ETF by 117.4% during the fourth quarter. Farther Finance Advisors LLC now owns 1,939 shares of the company’s stock valued at $61,000 after acquiring an additional 1,047 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Cambria Emerging Shareholder Yield ETF during the 4th quarter valued at approximately $18,258,000. Rothschild Investment LLC increased its holdings in Cambria Emerging Shareholder Yield ETF by 6.1% during the 4th quarter. Rothschild Investment LLC now owns 128,421 shares of the company’s stock worth $4,021,000 after purchasing an additional 7,336 shares during the last quarter. Private Advisor Group LLC raised its position in shares of Cambria Emerging Shareholder Yield ETF by 40.3% in the 4th quarter. Private Advisor Group LLC now owns 202,433 shares of the company’s stock valued at $6,338,000 after purchasing an additional 58,144 shares in the last quarter. Finally, Opus Capital Group LLC boosted its stake in shares of Cambria Emerging Shareholder Yield ETF by 1.5% during the 4th quarter. Opus Capital Group LLC now owns 150,502 shares of the company’s stock valued at $4,712,000 after buying an additional 2,196 shares during the last quarter.

Cambria Emerging Shareholder Yield ETF Trading Up 4.6 %

EYLD stock opened at $32.40 on Thursday. The company has a market capitalization of $489.26 million, a P/E ratio of 8.65 and a beta of 0.79. The firm has a 50 day simple moving average of $32.12 and a 200-day simple moving average of $32.69. Cambria Emerging Shareholder Yield ETF has a twelve month low of $30.23 and a twelve month high of $36.16.

Cambria Emerging Shareholder Yield ETF Company Profile

The Cambria Emerging Shareholder Yield ETF (EYLD) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in emerging market stocks focused on shareholder yield, as measured by dividend payments and net share buybacks. EYLD was launched on Jul 14, 2016 and is managed by Cambria.