Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Trading Up 0.4% – Still a Buy?

Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME)’s share price traded up 0.4% during trading on Tuesday . The company traded as high as $24.55 and last traded at $24.55. 2,141 shares were traded during trading, a decline of 76% from the average session volume of 8,881 shares. The stock had previously closed at $24.45.

Clockwise Core Equity & Innovation ETF Price Performance

The stock has a 50 day simple moving average of $24.64 and a two-hundred day simple moving average of $24.76. The company has a market cap of $23.01 million, a price-to-earnings ratio of -824.67 and a beta of 1.02.

Institutional Inflows and Outflows

An institutional investor 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) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 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. 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.