Ferguson Shapiro LLC Makes New $1.81 Million Investment in Cambria Tail Risk ETF $TAIL

Ferguson Shapiro LLC purchased a new stake in Cambria Tail Risk ETF (BATS:TAIL) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 154,600 shares of the company’s stock, valued at approximately $1,810,000. Cambria Tail Risk ETF comprises approximately 0.6% of Ferguson Shapiro LLC’s portfolio, making the stock its 22nd biggest position. Ferguson Shapiro LLC owned 1.86% of Cambria Tail Risk ETF as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Global Retirement Partners LLC grew its stake in shares of Cambria Tail Risk ETF by 224.4% in the 4th quarter. Global Retirement Partners LLC now owns 4,620 shares of the company’s stock worth $53,000 after purchasing an additional 3,196 shares during the last quarter. Osaic Holdings Inc. lifted its stake in Cambria Tail Risk ETF by 864.1% during the second quarter. Osaic Holdings Inc. now owns 7,173 shares of the company’s stock valued at $86,000 after purchasing an additional 6,429 shares during the last quarter. Bank of Montreal Can bought a new stake in Cambria Tail Risk ETF during the fourth quarter worth approximately $115,000. Principal Securities Inc. boosted its holdings in Cambria Tail Risk ETF by 202.4% during the fourth quarter. Principal Securities Inc. now owns 10,099 shares of the company’s stock worth $116,000 after buying an additional 6,759 shares in the last quarter. Finally, MML Investors Services LLC bought a new stake in Cambria Tail Risk ETF during the fourth quarter worth approximately $123,000.

Cambria Tail Risk ETF Stock Performance

Cambria Tail Risk ETF stock opened at $10.63 on Wednesday. The firm has a market cap of $88.23 million, a price-to-earnings ratio of 23.34 and a beta of -0.31. Cambria Tail Risk ETF has a 1 year low of $10.60 and a 1 year high of $12.19. The firm’s 50 day moving average price is $10.81 and its two-hundred day moving average price is $11.29.

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