Clockwise Capital Innovation ETF (NYSEARCA:TIME) Trading Down 1.1%

Clockwise Capital Innovation ETF (NYSEARCA:TIME)’s share price traded down 1.1% during mid-day trading on Wednesday . The company traded as low as $25.02 and last traded at $25.02. 5,908 shares were traded during mid-day trading, a decline of 29% from the average session volume of 8,277 shares. The stock had previously closed at $25.30.

Clockwise Capital Innovation ETF Price Performance

The company has a market capitalization of $21.89 million, a P/E ratio of 34.75 and a beta of 1.15. The company has a fifty day moving average price of $24.94 and a two-hundred day moving average price of $23.44.

Institutional Trading of Clockwise Capital Innovation ETF

Several institutional investors have recently added to or reduced their stakes in TIME. Fiduciary Planning LLC bought a new stake in Clockwise Capital Innovation ETF in the third quarter valued at approximately $2,526,000. Aptus Capital Advisors LLC bought a new position in shares of Clockwise Capital Innovation ETF during the 3rd quarter worth approximately $1,108,000. Royal Bank of Canada bought a new position in shares of Clockwise Capital Innovation ETF during the 4th quarter worth approximately $626,000. Susquehanna International Group LLP bought a new position in shares of Clockwise Capital Innovation ETF during the 1st quarter worth approximately $345,000. Finally, Citadel Advisors LLC bought a new position in shares of Clockwise Capital Innovation ETF during the 2nd quarter worth approximately $334,000.

About Clockwise Capital Innovation ETF

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.