Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Trading 2.4% Higher – Here’s Why

Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME)’s share price traded up 2.4% during trading on Wednesday . The stock traded as high as $24.03 and last traded at $23.95. 6,589 shares traded hands during trading, an increase of 110% from the average session volume of 3,132 shares. The stock had previously closed at $23.39.

Clockwise Core Equity & Innovation ETF Stock Up 2.4%

The company has a 50-day moving average of $23.85 and a 200 day moving average of $24.47. The firm has a market capitalization of $10.78 million, a PE ratio of -798.33 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 bought a new position in shares of Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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. Hedge funds and other institutional investors own 89.28% of the company’s stock.

Clockwise Core Equity & Innovation ETF Company Profile

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.