Clough Select Equity ETF (NYSEARCA:CBSE) Stock Price Up 1.3% – Time to Buy?

Clough Select Equity ETF (NYSEARCA:CBSE) shares traded up 1.3% on Tuesday . The company traded as high as $38.78 and last traded at $38.78. 12,437 shares changed hands during trading, an increase of 113% from the average session volume of 5,844 shares. The stock had previously closed at $38.27.

Clough Select Equity ETF Stock Up 1.3%

The stock has a market capitalization of $28.70 million, a price-to-earnings ratio of 27.87 and a beta of 0.96. The business’s 50-day moving average is $36.95 and its two-hundred day moving average is $33.65.

Hedge Funds Weigh In On Clough Select Equity ETF

An institutional investor recently raised its position in Clough Select Equity ETF stock. JPMorgan Chase & Co. grew its stake in Clough Select Equity ETF (NYSEARCA:CBSE) by 15.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 183,385 shares of the company’s stock after acquiring an additional 24,593 shares during the period. JPMorgan Chase & Co. owned about 36.68% of Clough Select Equity ETF worth $6,071,000 as of its most recent filing with the SEC.

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.