Professional Financial Advisors LLC Has $1.38 Million Position in Cambria Tail Risk ETF (BATS:TAIL)

Professional Financial Advisors LLC raised its position in Cambria Tail Risk ETF (BATS:TAIL) by 8.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 114,876 shares of the company’s stock after purchasing an additional 9,358 shares during the period. Professional Financial Advisors LLC owned approximately 1.66% of Cambria Tail Risk ETF worth $1,384,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. ORG Partners LLC bought a new position in shares of Cambria Tail Risk ETF during the 2nd quarter valued at about $726,000. Mid American Wealth Advisory Group Inc. boosted its holdings in shares of Cambria Tail Risk ETF by 15.2% in the first quarter. Mid American Wealth Advisory Group Inc. now owns 390,986 shares of the company’s stock valued at $4,739,000 after buying an additional 51,465 shares during the period. &PARTNERS bought a new stake in shares of Cambria Tail Risk ETF during the first quarter worth $510,000. TPG Advisors LLC acquired a new stake in shares of Cambria Tail Risk ETF during the second quarter worth $129,000. Finally, Resurgent Financial Advisors LLC lifted its position in Cambria Tail Risk ETF by 100.0% in the 1st quarter. Resurgent Financial Advisors LLC now owns 20,000 shares of the company’s stock valued at $242,000 after acquiring an additional 10,000 shares in the last quarter.

Cambria Tail Risk ETF Stock Down 0.3 %

TAIL stock opened at $11.77 on Friday. The firm has a market capitalization of $81.21 million, a PE ratio of 15.87 and a beta of -0.38. The stock’s fifty day moving average price is $12.14 and its 200-day moving average price is $11.92.

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.