Beaumont Financial Advisors LLC Makes New Investment in Cambria Tail Risk ETF $TAIL

Beaumont Financial Advisors LLC acquired a new stake in Cambria Tail Risk ETF (BATS:TAIL) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 710,791 shares of the company’s stock, valued at approximately $8,323,000. Beaumont Financial Advisors LLC owned 8.56% of Cambria Tail Risk ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Global Retirement Partners LLC raised its holdings in Cambria Tail Risk ETF by 224.4% in the fourth quarter. Global Retirement Partners LLC now owns 4,620 shares of the company’s stock valued at $53,000 after acquiring an additional 3,196 shares in the last quarter. Osaic Holdings Inc. lifted its stake in Cambria Tail Risk ETF by 864.1% in the second quarter. Osaic Holdings Inc. now owns 7,173 shares of the company’s stock worth $86,000 after acquiring an additional 6,429 shares during the last quarter. Bank of Montreal Can acquired a new position in Cambria Tail Risk ETF during the 4th quarter worth approximately $115,000. Principal Securities Inc. grew its holdings in Cambria Tail Risk ETF by 202.4% during the 4th quarter. Principal Securities Inc. now owns 10,099 shares of the company’s stock worth $116,000 after acquiring an additional 6,759 shares in the last quarter. Finally, Simplicity Wealth LLC purchased a new stake in shares of Cambria Tail Risk ETF in the 1st quarter valued at approximately $122,000.

Cambria Tail Risk ETF Trading Up 0.2%

Shares of BATS:TAIL opened at $10.55 on Thursday. Cambria Tail Risk ETF has a 52 week low of $10.42 and a 52 week high of $12.19. The company’s 50 day moving average is $10.71 and its two-hundred day moving average is $11.21. The company has a market cap of $87.57 million, a PE ratio of 23.34 and a beta of -0.31.

Cambria Tail Risk ETF 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. TAIL was launched on Apr 6, 2017 and is managed by Cambria.