Clough Select Equity ETF (NYSEARCA:CBSE) Trading Down 0.9% – Should You Sell?

Shares of Clough Select Equity ETF (NYSEARCA:CBSE) traded down 0.9% on Monday . The stock traded as low as $37.64 and last traded at $37.64. 1,629 shares were traded during mid-day trading, a decline of 64% from the average session volume of 4,477 shares. The stock had previously closed at $37.98.

Clough Select Equity ETF Stock Down 0.9%

The stock has a market capitalization of $27.85 million, a P/E ratio of 27.87 and a beta of 0.96. The business has a fifty day moving average price of $35.34 and a 200-day moving average price of $33.27.

Institutional Trading of Clough Select Equity ETF

An institutional investor recently raised its position in Clough Select Equity ETF stock. Waverly Advisors LLC grew its stake in Clough Select Equity ETF (NYSEARCA:CBSE) by 5.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 150,808 shares of the company’s stock after purchasing an additional 7,704 shares during the period. Waverly Advisors LLC owned approximately 30.16% of Clough Select Equity ETF worth $4,992,000 at the end of the most recent reporting period.

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.