Professional Financial Advisors LLC Buys 3,664 Shares of Cambria Tail Risk ETF (BATS:TAIL)

Professional Financial Advisors LLC lifted its position in Cambria Tail Risk ETF (BATS:TAIL) by 3.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 118,540 shares of the company’s stock after purchasing an additional 3,664 shares during the quarter. Professional Financial Advisors LLC owned about 1.72% of Cambria Tail Risk ETF worth $1,328,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. bought a new stake in shares of Cambria Tail Risk ETF in the 3rd quarter valued at approximately $34,000. TPG Advisors LLC bought a new position in Cambria Tail Risk ETF in the 2nd quarter worth about $129,000. ORG Partners LLC increased its position in shares of Cambria Tail Risk ETF by 60.7% during the third quarter. ORG Partners LLC now owns 101,869 shares of the company’s stock worth $1,228,000 after acquiring an additional 38,473 shares during the period. Gladstone Institutional Advisory LLC raised its stake in shares of Cambria Tail Risk ETF by 10.0% during the third quarter. Gladstone Institutional Advisory LLC now owns 18,313 shares of the company’s stock valued at $221,000 after acquiring an additional 1,658 shares in the last quarter. Finally, Tidal Investments LLC boosted its holdings in shares of Cambria Tail Risk ETF by 13.7% in the third quarter. Tidal Investments LLC now owns 51,863 shares of the company’s stock valued at $625,000 after purchasing an additional 6,259 shares during the period.

Cambria Tail Risk ETF Stock Down 0.2 %

BATS TAIL opened at $11.12 on Tuesday. The stock has a market cap of $76.71 million, a P/E ratio of 15.87 and a beta of -0.38. The firm’s 50 day simple moving average is $11.30 and its 200-day simple moving average is $11.71.

Cambria Tail Risk ETF Company Profile

The Cambria Tail Risk ETF (TAIL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that holds mostly cash and treasuries while using the strategy of buying put options on the S&P 500 with the purpose of portfolio downside protection.