Cambria Tail Risk ETF (BATS:TAIL) Shares Acquired by Centric Wealth Management

Centric Wealth Management raised its position in shares of Cambria Tail Risk ETF (BATS:TAIL) by 5.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 22,723 shares of the company’s stock after purchasing an additional 1,095 shares during the quarter. Centric Wealth Management owned 0.33% of Cambria Tail Risk ETF worth $257,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of TAIL. ORG Partners LLC purchased a new stake in shares of Cambria Tail Risk ETF in the second quarter worth about $726,000. Professional Financial Advisors LLC grew its stake in shares of Cambria Tail Risk ETF by 6.1% during the 2nd quarter. Professional Financial Advisors LLC now owns 105,518 shares of the company’s stock worth $1,223,000 after purchasing an additional 6,073 shares during the period. &PARTNERS increased its holdings in shares of Cambria Tail Risk ETF by 35.2% during the 2nd quarter. &PARTNERS now owns 56,857 shares of the company’s stock valued at $659,000 after purchasing an additional 14,791 shares in the last quarter. TPG Advisors LLC acquired a new position in shares of Cambria Tail Risk ETF in the 2nd quarter valued at $129,000. Finally, Concourse Financial Group Securities Inc. acquired a new stake in Cambria Tail Risk ETF during the third quarter valued at $34,000.

Cambria Tail Risk ETF Stock Performance

TAIL stock opened at $11.36 on Friday. The stock’s 50-day moving average price is $11.67 and its 200-day moving average price is $11.82. The stock has a market cap of $78.39 million, a price-to-earnings ratio of 15.87 and a beta of -0.38.

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.