Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Stock Price Up 0.5% – What’s Next?

Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) shot up 0.5% during mid-day trading on Wednesday . The company traded as high as $26.54 and last traded at $26.54. Approximately 2,095 shares changed hands during trading, a decline of 45% from the average daily volume of 3,823 shares. The stock had previously closed at $26.41.

Clockwise Core Equity & Innovation ETF Stock Performance

The company’s 50 day moving average price is $26.66 and its 200 day moving average price is $25.19. The company has a market cap of $15.19 million, a price-to-earnings ratio of -888.33 and a beta of 1.22.

Hedge Funds Weigh In On Clockwise Core Equity & Innovation ETF

A hedge fund recently bought a new position in Clockwise Core Equity & Innovation ETF stock. Betterment LLC acquired a new position in shares of Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 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 filing with the Securities and Exchange Commission. 89.28% of the stock is owned by hedge funds and other institutional investors.

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.