Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Trading 0.5% Higher – Here’s Why

Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) rose 0.5% on Wednesday . The company traded as high as $26.54 and last traded at $26.54. 2,095 shares traded hands during trading, a decline of 45% from the average daily volume of 3,823 shares. The stock had previously closed at $26.41.

Clockwise Core Equity & Innovation ETF Trading Up 0.5%

The stock has a market cap of $15.13 million, a P/E ratio of -884.67 and a beta of 1.22. The firm has a 50-day simple moving average of $26.61 and a two-hundred day simple moving average of $25.17.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Clockwise Core Equity & Innovation ETF stock. Betterment LLC acquired a new stake in Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 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 at the end of the most recent reporting period. 89.28% of the stock is owned by institutional investors.

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.