18,987 Shares in Cambria Tail Risk ETF (BATS:TAIL) Acquired by Lifeworks Advisors LLC

Lifeworks Advisors LLC acquired a new stake in Cambria Tail Risk ETF (BATS:TAIL) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 18,987 shares of the company’s stock, valued at approximately $229,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. acquired a new position in Cambria Tail Risk ETF in the third quarter valued at approximately $34,000. TPG Advisors LLC purchased a new stake in Cambria Tail Risk ETF in the second quarter valued at $129,000. Advisor Resource Council acquired a new position in Cambria Tail Risk ETF in the third quarter valued at $158,000. Gladstone Institutional Advisory LLC grew its holdings 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 purchasing an additional 1,658 shares during the last quarter. Finally, Resurgent Financial Advisors LLC increased its position in shares of Cambria Tail Risk ETF by 100.0% during the first quarter. Resurgent Financial Advisors LLC now owns 20,000 shares of the company’s stock worth $242,000 after purchasing an additional 10,000 shares in the last quarter.

Cambria Tail Risk ETF Trading Up 0.6 %

Shares of BATS TAIL opened at $11.35 on Friday. The firm has a 50-day moving average price of $11.82 and a 200-day moving average price of $11.85. The firm has a market cap of $78.34 million, a PE 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.