Pinnacle Financial Partners Inc Invests $485,000 in Cambria Emerging Shareholder Yield ETF (BATS:EYLD)

Pinnacle Financial Partners Inc purchased a new stake in Cambria Emerging Shareholder Yield ETF (BATS:EYLD) in the third quarter, Holdings Channel.com reports. The firm purchased 14,007 shares of the company’s stock, valued at approximately $485,000.

A number of other hedge funds have also recently bought and sold shares of the business. Smith Anglin Financial LLC grew its holdings in Cambria Emerging Shareholder Yield ETF by 54.1% during the 3rd quarter. Smith Anglin Financial LLC now owns 1,988,868 shares of the company’s stock worth $68,815,000 after acquiring an additional 698,391 shares in the last quarter. Foster & Motley Inc. grew its stake in Cambria Emerging Shareholder Yield ETF by 14.5% in the third quarter. Foster & Motley Inc. now owns 905,774 shares of the company’s stock worth $31,340,000 after purchasing an additional 114,725 shares in the last quarter. NewEdge Advisors LLC grew its stake in Cambria Emerging Shareholder Yield ETF by 62.6% in the second quarter. NewEdge Advisors LLC now owns 625,929 shares of the company’s stock worth $21,538,000 after purchasing an additional 241,048 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in Cambria Emerging Shareholder Yield ETF by 5.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 565,796 shares of the company’s stock valued at $19,469,000 after buying an additional 29,536 shares during the last quarter. Finally, ALM First Financial Advisors LLC raised its stake in Cambria Emerging Shareholder Yield ETF by 24.4% during the third quarter. ALM First Financial Advisors LLC now owns 310,952 shares of the company’s stock valued at $10,759,000 after buying an additional 60,952 shares in the last quarter.

Cambria Emerging Shareholder Yield ETF Trading Down 0.8 %

Shares of EYLD opened at $32.04 on Friday. Cambria Emerging Shareholder Yield ETF has a 52 week low of $28.64 and a 52 week high of $38.42. The firm has a market cap of $331.61 million, a price-to-earnings ratio of 7.28 and a beta of 0.71. The stock has a 50 day moving average of $33.78 and a 200-day moving average of $34.32.

Cambria Emerging Shareholder Yield ETF 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.