Shares of Clockwise Capital Innovation ETF (NYSEARCA:TIME – Get Free Report) dropped 1.1% on Wednesday . The stock traded as low as $25.02 and last traded at $25.02. Approximately 5,908 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 8,277 shares. The stock had previously closed at $25.30.
Clockwise Capital Innovation ETF Price Performance
The company has a market capitalization of $21.89 million, a PE ratio of 34.75 and a beta of 1.15. The company has a 50 day moving average of $24.94 and a two-hundred day moving average of $23.44.
Institutional Investors Weigh In On Clockwise Capital Innovation ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. UBS Group AG bought a new stake in Clockwise Capital Innovation ETF in the fourth quarter worth $35,000. Susquehanna International Group LLP bought a new stake in Clockwise Capital Innovation ETF in the first quarter worth $345,000. Citadel Advisors LLC bought a new stake in Clockwise Capital Innovation ETF in the second quarter worth $334,000. Royal Bank of Canada boosted its holdings in Clockwise Capital Innovation ETF by 231.5% in the second quarter. Royal Bank of Canada now owns 17,284 shares of the company’s stock worth $392,000 after acquiring an additional 12,070 shares in the last quarter. Finally, Fiduciary Planning LLC bought a new stake in Clockwise Capital Innovation ETF in the third quarter worth $2,526,000.
About Clockwise Capital Innovation ETF
The Clockwise Capital Innovation ETF (TIME) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed and aims to invest in domestic companies that best utilize 5G internet and cloud-based products and services. TIME was launched on Jan 27, 2022 and is managed by Clockwise Capital.
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