Cabana Target Leading Sector Moderate ETF $CLSM Stock Position Reduced by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC trimmed its holdings in Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) by 12.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,603,444 shares of the company’s stock after selling 368,476 shares during the period. Foundations Investment Advisors LLC owned 59.71% of Cabana Target Leading Sector Moderate ETF worth $60,496,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. grew its position in Cabana Target Leading Sector Moderate ETF by 117,997.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 273,986 shares of the company’s stock worth $6,367,000 after acquiring an additional 273,754 shares in the last quarter. Corient Private Wealth LLC bought a new stake in shares of Cabana Target Leading Sector Moderate ETF during the 2nd quarter worth $4,104,000. Aegis Wealth Management Inc. bought a new stake in shares of Cabana Target Leading Sector Moderate ETF during the 4th quarter worth $727,000. Citadel Advisors LLC bought a new stake in shares of Cabana Target Leading Sector Moderate ETF during the 3rd quarter worth $530,000. Finally, Assetmark Inc. bought a new stake in shares of Cabana Target Leading Sector Moderate ETF during the 4th quarter worth $133,000.

Cabana Target Leading Sector Moderate ETF Trading Up 0.0%

NASDAQ CLSM opened at $27.45 on Thursday. The company has a fifty day simple moving average of $25.02 and a 200 day simple moving average of $24.12. The company has a market cap of $100.47 million, a P/E ratio of 20.00 and a beta of 0.55. Cabana Target Leading Sector Moderate ETF has a 1 year low of $20.67 and a 1 year high of $27.47.

About Cabana Target Leading Sector Moderate ETF

The Cabana Target Leading Sector Moderate ETF (CLSM) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund seeks long-term growth by allocating to a mix of broad asset class ETFs in response to economic conditions. The fund uses an algorithm to select investments in sectors that it identifies as attractive pursuant to its moderate risk profile. CLSM was launched on Jul 12, 2021 and is managed by Exchange Traded Concepts.