Clough Select Equity ETF (NYSEARCA:CBSE) Shares Up 1% – What’s Next?

Shares of Clough Select Equity ETF (NYSEARCA:CBSE) shot up 1% during trading on Thursday . The company traded as high as $34.11 and last traded at $34.06. 15,549 shares changed hands during trading, an increase of 312% from the average session volume of 3,773 shares. The stock had previously closed at $33.72.

Clough Select Equity ETF Trading Up 1.0 %

The firm’s 50-day moving average is $33.25 and its two-hundred day moving average is $31.42. The stock has a market cap of $17.03 million, a price-to-earnings ratio of 17.44 and a beta of 1.11.

Hedge Funds Weigh In On Clough Select Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. boosted its position in shares of Clough Select Equity ETF by 455.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 158,792 shares of the company’s stock valued at $4,944,000 after acquiring an additional 130,205 shares during the last quarter. Jaffetilchin Investment Partners LLC purchased a new stake in shares of Clough Select Equity ETF in the 2nd quarter valued at $732,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Clough Select Equity ETF during the second quarter worth about $535,000.

Clough Select Equity ETF Company Profile

The Changebridge Capital Sustainable Equity ETF (CBSE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, concentrated portfolio of US-listed stocks that appear fundamentally undervalued and have positive environmental, social and governance attributes as viewed by the fund adviser.