HighTower Advisors LLC Invests $718,000 in Cambria Tail Risk ETF (BATS:TAIL)

HighTower Advisors LLC bought a new stake in Cambria Tail Risk ETF (BATS:TAIL) in the 4th quarter, Holdings Channel.com reports. The fund bought 64,150 shares of the company’s stock, valued at approximately $718,000.

Other large investors have also recently added to or reduced their stakes in the company. Centric Wealth Management boosted its position in shares of Cambria Tail Risk ETF by 5.1% in the third quarter. Centric Wealth Management now owns 22,723 shares of the company’s stock worth $257,000 after acquiring an additional 1,095 shares during the last quarter. Professional Financial Advisors LLC raised its position in shares of Cambria Tail Risk ETF by 3.2% in the 4th quarter. Professional Financial Advisors LLC now owns 118,540 shares of the company’s stock worth $1,328,000 after buying an additional 3,664 shares during the period. Tidal Investments LLC raised its position in shares of Cambria Tail Risk ETF by 13.7% in the 3rd quarter. Tidal Investments LLC now owns 51,863 shares of the company’s stock worth $625,000 after buying an additional 6,259 shares during the period. Soltis Investment Advisors LLC boosted its holdings in Cambria Tail Risk ETF by 18.5% in the third quarter. Soltis Investment Advisors LLC now owns 182,693 shares of the company’s stock valued at $2,201,000 after acquiring an additional 28,551 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new stake in Cambria Tail Risk ETF during the fourth quarter valued at about $771,000.

Cambria Tail Risk ETF Price Performance

Shares of BATS:TAIL opened at $11.79 on Friday. The firm has a market capitalization of $70.74 million, a PE ratio of 27.85 and a beta of -0.36. Cambria Tail Risk ETF has a 12 month low of $10.90 and a 12 month high of $13.99. The business has a 50-day moving average of $11.32 and a two-hundred day moving average of $11.46.

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.