Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Stock Price Down 0.1% – Here’s What Happened

Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) dropped 0.1% during mid-day trading on Wednesday . The stock traded as low as $27.21 and last traded at $27.21. Approximately 324 shares changed hands during trading, a decline of 90% from the average daily volume of 3,400 shares. The stock had previously closed at $27.23.

Clockwise Core Equity & Innovation ETF Stock Performance

The stock has a market cap of $15.54 million, a price-to-earnings ratio of -909.00 and a beta of 1.21. The business’s 50 day moving average is $26.70 and its 200 day moving average is $25.79.

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 bought a new position in Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 8,487 shares of the company’s stock, valued at approximately $216,000. Betterment LLC owned 0.91% of Clockwise Core Equity & Innovation ETF at the end of the most recent reporting period. Institutional investors and hedge funds 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.