Vima LLC Sells 43,571 Shares of Convergence Long/Short Equity ETF $CLSE

Vima LLC decreased its position in Convergence Long/Short Equity ETF (BATS:CLSE) by 81.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,200 shares of the company’s stock after selling 43,571 shares during the quarter. Vima LLC owned 0.13% of Convergence Long/Short Equity ETF worth $347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Advisors Preferred LLC grew its position in Convergence Long/Short Equity ETF by 663.8% during the first quarter. Advisors Preferred LLC now owns 1,581 shares of the company’s stock valued at $44,000 after acquiring an additional 1,374 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Convergence Long/Short Equity ETF by 32.2% during the first quarter. Bank of New York Mellon Corp now owns 11,520 shares of the company’s stock worth $324,000 after acquiring an additional 2,804 shares in the last quarter. Cornerstone Planning Group LLC purchased a new position in shares of Convergence Long/Short Equity ETF during the first quarter worth approximately $822,000. Legacy Financial Advisors Inc. bought a new stake in shares of Convergence Long/Short Equity ETF in the 2nd quarter worth approximately $1,112,000. Finally, Worth Asset Management LLC bought a new stake in shares of Convergence Long/Short Equity ETF in the 2nd quarter worth approximately $1,260,000.

Convergence Long/Short Equity ETF Stock Performance

Shares of Convergence Long/Short Equity ETF stock opened at $33.37 on Friday. Convergence Long/Short Equity ETF has a 52-week low of $25.85 and a 52-week high of $34.76. The stock has a market capitalization of $267.63 million, a price-to-earnings ratio of 18.57 and a beta of 0.61. The company has a fifty day moving average of $33.93 and a 200-day moving average of $33.33.

About Convergence Long/Short Equity ETF

The Convergence Long\u002FShort Equity ETF (CLSE) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund establishes both long and short positions in US stocks. The actively managed fund intends to maintain a 50%-100% net long exposure. CLSE was launched on Dec 29, 2009 and is managed by Convergence.