Tempus Wealth Planning LLC Sells 1,032 Shares of Cambria Global Momentum ETF (BATS:GMOM)

Tempus Wealth Planning LLC cut its holdings in shares of Cambria Global Momentum ETF (BATS:GMOM) by 9.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,671 shares of the company’s stock after selling 1,032 shares during the quarter. Tempus Wealth Planning LLC owned 0.20% of Cambria Global Momentum ETF worth $286,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. ALM First Financial Advisors LLC increased its stake in Cambria Global Momentum ETF by 4.6% in the third quarter. ALM First Financial Advisors LLC now owns 1,673,148 shares of the company’s stock valued at $49,525,000 after acquiring an additional 73,148 shares during the last quarter. Arvest Investments Inc. increased its stake in Cambria Global Momentum ETF by 1.0% in the first quarter. Arvest Investments Inc. now owns 115,740 shares of the company’s stock valued at $3,369,000 after acquiring an additional 1,191 shares during the last quarter. Cetera Investment Advisers bought a new position in Cambria Global Momentum ETF in the first quarter valued at approximately $3,039,000. Commonwealth Equity Services LLC increased its stake in Cambria Global Momentum ETF by 1.6% in the first quarter. Commonwealth Equity Services LLC now owns 75,821 shares of the company’s stock valued at $2,207,000 after acquiring an additional 1,172 shares during the last quarter. Finally, Brightwater Advisory LLC bought a new position in Cambria Global Momentum ETF in the second quarter valued at approximately $836,000.

Cambria Global Momentum ETF Price Performance

Shares of BATS:GMOM opened at $29.45 on Thursday. The company has a 50-day moving average price of $29.18 and a 200 day moving average price of $28.89. The company has a market capitalization of $142.84 million, a PE ratio of 8.23 and a beta of 0.67.

Cambria Global Momentum ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Monday, September 23rd were given a dividend of $0.3559 per share. The ex-dividend date was Monday, September 23rd. This is a positive change from Cambria Global Momentum ETF’s previous dividend of $0.10.

Cambria Global Momentum ETF 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.