Proficio Capital Partners LLC Makes New $771,000 Investment in Cambria Tail Risk ETF (BATS:TAIL)

Proficio Capital Partners LLC bought a new position in Cambria Tail Risk ETF (BATS:TAIL) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 68,880 shares of the company’s stock, valued at approximately $771,000. Proficio Capital Partners LLC owned about 1.00% of Cambria Tail Risk ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Lifeworks Advisors LLC purchased a new position in shares of Cambria Tail Risk ETF during the third quarter valued at approximately $229,000. Centric Wealth Management raised its holdings in shares of Cambria Tail Risk ETF by 5.1% during the third quarter. Centric Wealth Management now owns 22,723 shares of the company’s stock valued at $257,000 after purchasing an additional 1,095 shares during the last quarter. Napa Wealth Management purchased a new position in shares of Cambria Tail Risk ETF during the third quarter valued at approximately $338,000. Tidal Investments LLC raised its holdings in shares of Cambria Tail Risk ETF by 13.7% during 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 last quarter. Finally, Professional Financial Advisors LLC raised its holdings in shares of Cambria Tail Risk ETF by 3.2% during the fourth quarter. Professional Financial Advisors LLC now owns 118,540 shares of the company’s stock valued at $1,328,000 after purchasing an additional 3,664 shares during the last quarter.

Cambria Tail Risk ETF Price Performance

TAIL opened at $11.58 on Friday. The firm’s fifty day moving average is $11.15 and its 200 day moving average is $11.51. The stock has a market capitalization of $66.01 million, a PE ratio of 27.36 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.