Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Stock Price Up 0.3% – Time to Buy?

Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME)’s stock price shot up 0.3% during trading on Thursday . The company traded as high as $24.44 and last traded at $24.40. 5,038 shares changed hands during trading, a decline of 46% from the average session volume of 9,314 shares. The stock had previously closed at $24.33.

Clockwise Core Equity & Innovation ETF Stock Up 0.3%

The business’s fifty day moving average is $25.10 and its 200 day moving average is $24.09. The firm has a market capitalization of $22.69 million, a price-to-earnings ratio of -813.33 and a beta of 1.15.

Clockwise Core Equity & Innovation ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 28th were issued a dividend of $2.2949 per share. The ex-dividend date was Thursday, August 28th. This represents a yield of 966.0%. Clockwise Core Equity & Innovation ETF’s dividend payout ratio is presently -14,700.00%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Clockwise Core Equity & Innovation ETF stock. Betterment LLC bought a new position in shares of Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,487 shares of the company’s stock, valued at approximately $216,000. Betterment LLC owned about 0.91% of Clockwise Core Equity & Innovation ETF at the end of the most recent quarter. Institutional investors and hedge funds own 89.28% of the company’s stock.

About Clockwise Core Equity & 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.