Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Stock Price Up 1.8% – Time to Buy?

Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) rose 1.8% on Monday . The stock traded as high as $26.97 and last traded at $26.89. Approximately 3,078 shares were traded during mid-day trading, a decline of 19% from the average daily volume of 3,809 shares. The stock had previously closed at $26.41.

Clockwise Core Equity & Innovation ETF Stock Performance

The company has a market capitalization of $12.64 million, a price-to-earnings ratio of -896.33 and a beta of 1.21. The firm has a 50-day simple moving average of $25.97 and a two-hundred day simple moving average of $24.97.

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 acquired a new position in shares of Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 & Exchange Commission. 89.28% of the stock is currently 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.