ORG Partners LLC Has $1.04 Million Stock Holdings in Cambria Tail Risk ETF (BATS:TAIL)

ORG Partners LLC decreased its stake in shares of Cambria Tail Risk ETF (BATS:TAIL) by 9.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 92,584 shares of the company’s stock after selling 9,285 shares during the period. ORG Partners LLC owned 1.34% of Cambria Tail Risk ETF worth $1,037,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Concourse Financial Group Securities Inc. bought a new stake in shares of Cambria Tail Risk ETF during the third quarter valued at approximately $34,000. TPG Advisors LLC bought a new stake in shares of Cambria Tail Risk ETF during the second quarter worth $129,000. Advisor Resource Council bought a new position in Cambria Tail Risk ETF in the third quarter valued at about $158,000. Gladstone Institutional Advisory LLC increased its position in Cambria Tail Risk ETF by 10.0% in the third quarter. Gladstone Institutional Advisory LLC now owns 18,313 shares of the company’s stock worth $221,000 after purchasing an additional 1,658 shares during the period. Finally, Lifeworks Advisors LLC bought a new stake in Cambria Tail Risk ETF during the 3rd quarter worth about $229,000.

Cambria Tail Risk ETF Stock Performance

Shares of BATS:TAIL traded down $0.01 during trading on Friday, hitting $11.12. 64,854 shares of the company’s stock were exchanged. The company has a market capitalization of $76.73 million, a price-to-earnings ratio of 15.87 and a beta of -0.38. The company’s fifty day moving average is $11.31 and its 200-day moving average is $11.72.

Cambria Tail Risk ETF 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.