Cambria Investments, the Los Angeles based fund manager better known for its alternative investment strategies, recently launched their fourth product that targets global momentum while adopting a quantitative strategy concurrently. The Cambria Global Momentum ETF (GMOM) is the second actively-managed fund from Cambria while the other two passively-managed funds are based on in-house indexes and focuses on value and shareholder …
New ETFs On The Block: SSGA S&P 1500 Momentum Tilt ETF (MMTM) And S&P 1500 Value Tilt ETF (VLU)
State Street Global Advisors, the Boston-based second largest US provider of exchange traded funds has expanded its offering by two with new funds focused on the S&P 1500 index. State Street, a major player with over 100 different funds in its portfolio, has nearly quarter of a trillion dollars in assets under management. The latest funds, while tracking the S&P …