68,880 Shares in Cambria Tail Risk ETF (BATS:TAIL) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new stake in Cambria Tail Risk ETF (BATS:TAIL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 68,880 shares of the company’s stock, valued at approximately $771,000. Proficio Capital Partners LLC owned 1.00% of Cambria Tail Risk ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Centric Wealth Management boosted its stake in shares of Cambria Tail Risk ETF by 5.1% in the third quarter. Centric Wealth Management now owns 22,723 shares of the company’s stock valued at $257,000 after buying an additional 1,095 shares during the period. Soltis Investment Advisors LLC lifted its position in shares of Cambria Tail Risk ETF by 18.5% during the 3rd quarter. Soltis Investment Advisors LLC now owns 182,693 shares of the company’s stock valued at $2,201,000 after acquiring an additional 28,551 shares during the period. Tidal Investments LLC grew its holdings in shares of Cambria Tail Risk ETF by 13.7% during the 3rd quarter. Tidal Investments LLC now owns 51,863 shares of the company’s stock worth $625,000 after purchasing an additional 6,259 shares in the last quarter. Finally, Professional Financial Advisors LLC grew its holdings in shares of Cambria Tail Risk ETF by 3.2% during the 4th quarter. Professional Financial Advisors LLC now owns 118,540 shares of the company’s stock worth $1,328,000 after purchasing an additional 3,664 shares in the last quarter.

Cambria Tail Risk ETF Stock Up 4.5 %

Shares of Cambria Tail Risk ETF stock opened at $11.62 on Friday. The firm’s 50-day moving average price is $11.28 and its two-hundred day moving average price is $11.49. The company has a market capitalization of $69.72 million, a price-to-earnings ratio of 27.85 and a beta of -0.36. Cambria Tail Risk ETF has a 12-month low of $10.90 and a 12-month high of $13.99.

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.