Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Stock Price Down 0.4% – Here’s What Happened

Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) dropped 0.4% during mid-day trading on Wednesday . The stock traded as low as $24.52 and last traded at $24.52. Approximately 1,360 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 8,515 shares. The stock had previously closed at $24.62.

Clockwise Core Equity & Innovation ETF Stock Performance

The stock’s 50 day simple moving average is $24.70 and its 200 day simple moving average is $24.85. The firm has a market cap of $22.80 million, a P/E ratio of -817.33 and a beta of 1.02.

Institutional Investors 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 purchased a new stake in Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 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 and Exchange Commission. 89.28% of the stock is currently owned by institutional investors and hedge funds.

About Clockwise Core Equity & 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.