Cambria Global Value ETF (BATS:GVAL) Stock Price Breaks Below 200 Day Moving Average – Should You Sell?

Cambria Global Value ETF (BATS:GVAL) shares passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $36.19 and traded as low as $36.02. Cambria Global Value ETF shares last traded at $36.13, with a volume of 482,240 shares trading hands.

Cambria Global Value ETF Stock Performance

The firm has a market cap of $310.72 million, a PE ratio of 10.49 and a beta of 0.76. The stock’s 50 day simple moving average is $38.42 and its 200 day simple moving average is $36.19.

Cambria Global Value ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 18th were given a $0.2562 dividend. This represents a $1.02 annualized dividend and a yield of 2.8%. This is a drop from Cambria Global Value ETF’s previous quarterly dividend of $0.3357. The ex-dividend date was Friday, September 18th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Ascentis Independent Advisors purchased a new stake in Cambria Global Value ETF during the first quarter valued at about $66,000. Western Wealth Management LLC bought a new stake in Cambria Global Value ETF during the first quarter worth about $113,000. Legacy Wealth Managment LLC ID bought a new stake in Cambria Global Value ETF during the second quarter worth about $225,000. Breakwater Capital Group bought a new stake in Cambria Global Value ETF during the third quarter worth about $240,000. Finally, Waverly Advisors LLC purchased a new position in shares of Cambria Global Value ETF in the 2nd quarter worth about $333,000.

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.