Soltis Investment Advisors LLC Sells 3,148 Shares of Cambria Tail Risk ETF (BATS:TAIL)

Soltis Investment Advisors LLC reduced its position in Cambria Tail Risk ETF (BATS:TAIL) by 1.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 179,545 shares of the company’s stock after selling 3,148 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Cambria Tail Risk ETF were worth $2,011,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of TAIL. ORG Partners LLC grew its position in shares of Cambria Tail Risk ETF by 60.7% during the 3rd quarter. ORG Partners LLC now owns 101,869 shares of the company’s stock worth $1,228,000 after buying an additional 38,473 shares during the period. Napa Wealth Management acquired a new stake in Cambria Tail Risk ETF in the third quarter worth $338,000. Lifeworks Advisors LLC bought a new stake in Cambria Tail Risk ETF in the third quarter valued at $229,000. Advisor Resource Council bought a new stake in Cambria Tail Risk ETF in the 3rd quarter valued at about $158,000. Finally, Professional Financial Advisors LLC raised its position in shares of Cambria Tail Risk ETF by 8.9% during the third quarter. Professional Financial Advisors LLC now owns 114,876 shares of the company’s stock worth $1,384,000 after purchasing an additional 9,358 shares during the period.

Cambria Tail Risk ETF Price Performance

Shares of BATS TAIL opened at $11.09 on Monday. The firm has a market capitalization of $76.49 million, a PE ratio of 15.87 and a beta of -0.38. The firm’s 50-day simple moving average is $11.17 and its 200-day simple moving average is $11.63.

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.