Corient Private Wealth LLC Takes Position in Cabana Target Leading Sector Moderate ETF $CLSM

Corient Private Wealth LLC purchased a new stake in Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 189,755 shares of the company’s stock, valued at approximately $4,104,000. Corient Private Wealth LLC owned 3.61% of Cabana Target Leading Sector Moderate ETF as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Avaii Wealth Management LLC acquired a new stake in shares of Cabana Target Leading Sector Moderate ETF during the second quarter valued at approximately $365,000. Harbour Investments Inc. grew its position in Cabana Target Leading Sector Moderate ETF by 66.3% during the 2nd quarter. Harbour Investments Inc. now owns 2,102 shares of the company’s stock worth $45,000 after purchasing an additional 838 shares in the last quarter. Finally, Signal Advisors Wealth LLC raised its stake in Cabana Target Leading Sector Moderate ETF by 2.9% during the 2nd quarter. Signal Advisors Wealth LLC now owns 17,892 shares of the company’s stock valued at $387,000 after purchasing an additional 512 shares during the period.

Cabana Target Leading Sector Moderate ETF Stock Up 0.8%

CLSM opened at $23.50 on Friday. The stock has a fifty day moving average of $23.35 and a 200-day moving average of $22.51. The firm has a market capitalization of $112.33 million, a P/E ratio of 20.00 and a beta of 0.50. Cabana Target Leading Sector Moderate ETF has a 12-month low of $18.24 and a 12-month high of $23.82.

Cabana Target Leading Sector Moderate ETF Profile

The Cabana Target Leading Sector Moderate ETF (CLSM) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund seeks long-term growth by allocating to a mix of broad asset class ETFs in response to economic conditions. The fund uses an algorithm to select investments in sectors that it identifies as attractive pursuant to its moderate risk profile. CLSM was launched on Jul 12, 2021 and is managed by Exchange Traded Concepts.