HighTower Advisors LLC Decreases Position in Alpha Architect Tail Risk ETF $CAOS

HighTower Advisors LLC lowered its stake in Alpha Architect Tail Risk ETF (BATS:CAOS) by 13.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 193,963 shares of the company’s stock after selling 30,604 shares during the quarter. HighTower Advisors LLC owned about 4.17% of Alpha Architect Tail Risk ETF worth $17,366,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. purchased a new position in Alpha Architect Tail Risk ETF in the 3rd quarter worth approximately $249,000. Benjamin Edwards Inc. acquired a new position in shares of Alpha Architect Tail Risk ETF during the third quarter worth $283,000. Jane Street Group LLC purchased a new position in shares of Alpha Architect Tail Risk ETF in the first quarter valued at $356,000. Centaurus Financial Inc. purchased a new position in shares of Alpha Architect Tail Risk ETF in the second quarter valued at $369,000. Finally, Latitude Advisors LLC grew its holdings in Alpha Architect Tail Risk ETF by 19.5% during the 3rd quarter. Latitude Advisors LLC now owns 4,237 shares of the company’s stock valued at $379,000 after purchasing an additional 690 shares in the last quarter.

Alpha Architect Tail Risk ETF Price Performance

Alpha Architect Tail Risk ETF stock opened at $90.43 on Friday. Alpha Architect Tail Risk ETF has a 12-month low of $87.70 and a 12-month high of $92.11. The company has a market capitalization of $420.50 million, a price-to-earnings ratio of 25.21 and a beta of 0.10. The firm’s fifty day moving average price is $90.13 and its 200 day moving average price is $89.84.

Alpha Architect Tail Risk ETF Profile

The Alpha Architect Tail Risk ETF (CAOS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund combines an options overlay strategy and protective options on the S&P 500 index with managing the funds fixed income collateral. The fund seeks income and capital appreciation. CAOS was launched on Mar 6, 2023 and is managed by Alpha Architect.