Corient Private Wealth LLC Acquires 384,226 Shares of Cabana Target Leading Sector Moderate ETF $CLSM

Corient Private Wealth LLC raised its holdings in shares of Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) by 152.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 636,358 shares of the company’s stock after purchasing an additional 384,226 shares during the period. Corient Private Wealth LLC owned 14.60% of Cabana Target Leading Sector Moderate ETF worth $14,787,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of CLSM. Assetmark Inc. bought a new position in shares of Cabana Target Leading Sector Moderate ETF during the fourth quarter valued at approximately $133,000. Citadel Advisors LLC purchased a new stake in Cabana Target Leading Sector Moderate ETF during the third quarter worth $530,000. Aegis Wealth Management Inc. purchased a new stake in Cabana Target Leading Sector Moderate ETF during the fourth quarter worth $727,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Cabana Target Leading Sector Moderate ETF by 117,997.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 273,986 shares of the company’s stock valued at $6,367,000 after acquiring an additional 273,754 shares in the last quarter.

Cabana Target Leading Sector Moderate ETF Trading Down 1.9%

Shares of NASDAQ:CLSM opened at $27.12 on Wednesday. Cabana Target Leading Sector Moderate ETF has a 12-month low of $21.28 and a 12-month high of $28.10. The business’s fifty day simple moving average is $26.61 and its 200-day simple moving average is $24.69. The company has a market capitalization of $99.26 million, a PE ratio of 20.00 and a beta of 0.57.

Cabana Target Leading Sector Moderate ETF Company Profile

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.