Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Stock Price Up 0.1% – Should You Buy?

Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME)’s share price rose 0.1% during mid-day trading on Friday . The stock traded as high as $27.05 and last traded at $26.94. Approximately 1,858 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 3,537 shares. The stock had previously closed at $26.92.

Clockwise Core Equity & Innovation ETF Price Performance

The stock’s 50 day simple moving average is $24.82 and its two-hundred day simple moving average is $24.70. The stock has a market cap of $12.66 million, a price-to-earnings ratio of -898.00 and a beta of 1.09.

Institutional Investors 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 shares of Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) during the second quarter, according to the company in its most recent 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 at the end of the most recent reporting period. 89.28% of the stock is owned by 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.