Resurgent Financial Advisors LLC Purchases 10,000 Shares of Cambria Tail Risk ETF (BATS:TAIL)

Resurgent Financial Advisors LLC increased its position in Cambria Tail Risk ETF (BATS:TAIL) by 100.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,000 shares of the company’s stock after acquiring an additional 10,000 shares during the period. Resurgent Financial Advisors LLC owned about 0.29% of Cambria Tail Risk ETF worth $242,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC bought a new position in shares of Cambria Tail Risk ETF in the fourth quarter worth about $147,000. Centric Wealth Management purchased a new stake in shares of Cambria Tail Risk ETF in the fourth quarter worth $240,000. InterOcean Capital Group LLC raised its position in shares of Cambria Tail Risk ETF by 15.2% during the 4th quarter. InterOcean Capital Group LLC now owns 28,646 shares of the company’s stock valued at $367,000 after purchasing an additional 3,784 shares during the period. &PARTNERS purchased a new position in shares of Cambria Tail Risk ETF during the 1st quarter valued at $510,000. Finally, Advisor Resource Council purchased a new position in shares of Cambria Tail Risk ETF during the 4th quarter valued at $916,000.

Cambria Tail Risk ETF Stock Down 0.9 %

TAIL stock traded down $0.11 during trading on Tuesday, reaching $11.66. The company’s stock had a trading volume of 66,507 shares. The firm has a market cap of $80.45 million, a P/E ratio of 15.87 and a beta of -0.38. The company has a 50-day moving average price of $11.70 and a two-hundred day moving average price of $12.03.

Cambria Tail Risk ETF Company 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.