Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Shares Down 2.6% – What’s Next?

Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME)’s share price traded down 2.6% during mid-day trading on Friday . The company traded as low as $24.71 and last traded at $24.72. 749 shares changed hands during trading, a decline of 56% from the average session volume of 1,702 shares. The stock had previously closed at $25.38.

Clockwise Core Equity & Innovation ETF Price Performance

The stock has a market capitalization of $22.99 million, a PE ratio of -824.00 and a beta of 1.02. The company’s 50 day moving average price is $24.94 and its two-hundred day moving average price is $24.89.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Clockwise Core Equity & Innovation ETF stock. Betterment LLC purchased a new stake in Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 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 as of its most recent filing with the Securities and Exchange Commission (SEC). 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.