Cohalo Advisory LLC Purchases Shares of 8,267 Cambria Global Asset Allocation ETF (BATS:GAA)

Cohalo Advisory LLC bought a new stake in Cambria Global Asset Allocation ETF (BATS:GAA) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 8,267 shares of the company’s stock, valued at approximately $237,000. Cambria Global Asset Allocation ETF comprises about 20.3% of Cohalo Advisory LLC’s holdings, making the stock its 3rd largest position.

A number of other institutional investors also recently bought and sold shares of GAA. JPMorgan Chase & Co. acquired a new position in shares of Cambria Global Asset Allocation ETF in the 3rd quarter valued at $79,000. Atria Wealth Solutions Inc. purchased a new stake in shares of Cambria Global Asset Allocation ETF during the fourth quarter worth $205,000. Citadel Advisors LLC purchased a new position in shares of Cambria Global Asset Allocation ETF in the 4th quarter valued at about $1,028,000. Finally, Entrewealth LLC acquired a new position in Cambria Global Asset Allocation ETF during the 4th quarter worth approximately $1,501,000.

Cambria Global Asset Allocation ETF Stock Performance

Shares of BATS GAA opened at $28.91 on Thursday. The stock’s 50-day simple moving average is $28.73 and its 200-day simple moving average is $28.90. The firm has a market capitalization of $53.48 million, a PE ratio of 10.54 and a beta of 0.51. Cambria Global Asset Allocation ETF has a fifty-two week low of $26.80 and a fifty-two week high of $30.10.

About Cambria Global Asset Allocation ETF

The Cambria Global Asset Allocation ETF (GAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that provides exposure to equity, fixed-income, real estate, commodities, and currencies. The fund aims for returns and reduced volatility.