Jane Street Group LLC Has $432,000 Holdings in Cambria Tail Risk ETF (BATS:TAIL)

Jane Street Group LLC trimmed its stake in Cambria Tail Risk ETF (BATS:TAIL) by 32.9% during the third quarter, Holdings Channel reports. The fund owned 35,831 shares of the company’s stock after selling 17,599 shares during the quarter. Jane Street Group LLC’s holdings in Cambria Tail Risk ETF were worth $432,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Concourse Financial Group Securities Inc. bought a new stake in Cambria Tail Risk ETF in the 3rd quarter valued at $34,000. TPG Advisors LLC bought a new position in shares of Cambria Tail Risk ETF during the 2nd quarter worth approximately $129,000. Advisor Resource Council acquired a new position in Cambria Tail Risk ETF in the third quarter valued at about $158,000. Gladstone Institutional Advisory LLC grew its position in Cambria Tail Risk ETF by 10.0% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 18,313 shares of the company’s stock worth $221,000 after acquiring an additional 1,658 shares during the last quarter. Finally, Lifeworks Advisors LLC acquired a new stake in Cambria Tail Risk ETF in the 3rd quarter valued at about $229,000.

Cambria Tail Risk ETF Stock Performance

BATS:TAIL opened at $11.13 on Wednesday. The stock’s 50-day moving average price is $11.33 and its two-hundred day moving average price is $11.72. The firm has a market cap of $76.80 million, a P/E 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.