19,355 Shares in Cambria Tail Risk ETF (BATS:TAIL) Bought by Centric Wealth Management

Centric Wealth Management acquired a new stake in Cambria Tail Risk ETF (BATS:TAIL) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 19,355 shares of the company’s stock, valued at approximately $240,000.

Several other institutional investors and hedge funds also recently made changes to their positions in TAIL. Csenge Advisory Group boosted its holdings in shares of Cambria Tail Risk ETF by 27.3% during the 3rd quarter. Csenge Advisory Group now owns 14,546 shares of the company’s stock worth $188,000 after buying an additional 3,117 shares in the last quarter. NBC Securities Inc. bought a new position in Cambria Tail Risk ETF during the third quarter worth $89,000. Professional Financial Advisors LLC grew its holdings in Cambria Tail Risk ETF by 9.3% in the fourth quarter. Professional Financial Advisors LLC now owns 88,394 shares of the company’s stock worth $1,132,000 after purchasing an additional 7,522 shares during the period. Cary Street Partners Investment Advisory LLC acquired a new stake in Cambria Tail Risk ETF in the fourth quarter worth $147,000. Finally, Mid American Wealth Advisory Group Inc. increased its stake in Cambria Tail Risk ETF by 8.1% in the fourth quarter. Mid American Wealth Advisory Group Inc. now owns 369,138 shares of the company’s stock valued at $4,618,000 after purchasing an additional 27,636 shares in the last quarter.

Cambria Tail Risk ETF Price Performance

Shares of BATS TAIL traded up $0.02 during trading on Tuesday, hitting $11.80. 6,845 shares of the company traded hands. The firm has a market cap of $81.42 million, a price-to-earnings ratio of 15.87 and a beta of -0.38. The firm has a fifty day moving average of $12.05 and a two-hundred day moving average of $12.45.

About Cambria Tail Risk ETF

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.