Tidal Investments LLC Has $625,000 Stock Position in Cambria Tail Risk ETF (BATS:TAIL)

Tidal Investments LLC grew its holdings in shares of Cambria Tail Risk ETF (BATS:TAIL) by 13.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 51,863 shares of the company’s stock after acquiring an additional 6,259 shares during the period. Tidal Investments LLC owned about 0.75% of Cambria Tail Risk ETF worth $625,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of TAIL. Centric Wealth Management raised its position in Cambria Tail Risk ETF by 5.1% during the 3rd quarter. Centric Wealth Management now owns 22,723 shares of the company’s stock worth $257,000 after purchasing an additional 1,095 shares during the last quarter. Gladstone Institutional Advisory LLC raised its position in shares of Cambria Tail Risk ETF by 10.0% during the third quarter. Gladstone Institutional Advisory LLC now owns 18,313 shares of the company’s stock worth $221,000 after acquiring an additional 1,658 shares during the last quarter. Concourse Financial Group Securities Inc. acquired a new position in shares of Cambria Tail Risk ETF in the third quarter worth approximately $34,000. Professional Financial Advisors LLC boosted its holdings in Cambria Tail Risk ETF by 8.9% in the third quarter. Professional Financial Advisors LLC now owns 114,876 shares of the company’s stock valued at $1,384,000 after acquiring an additional 9,358 shares during the last quarter. Finally, TPG Advisors LLC acquired a new stake in Cambria Tail Risk ETF during the 2nd quarter valued at approximately $129,000.

Cambria Tail Risk ETF Stock Down 0.7 %

Shares of BATS TAIL opened at $11.26 on Friday. The stock has a 50-day moving average price of $11.46 and a 200 day moving average price of $11.78. The firm has a market cap of $77.69 million, a P/E ratio of 15.87 and a beta of -0.38.

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.