Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Shares Down 0.9% – Should You Sell?

Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME)’s share price traded down 0.9% on Monday . The stock traded as low as $24.00 and last traded at $24.02. 1,496 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 2,180 shares. The stock had previously closed at $24.24.

Clockwise Core Equity & Innovation ETF Stock Down 0.9%

The business has a 50-day simple moving average of $24.76 and a 200-day simple moving average of $24.74. The company has a market cap of $22.34 million, a PE ratio of -800.67 and a beta of 1.02.

Hedge Funds Weigh In On Clockwise Core Equity & Innovation ETF

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