Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Shares Up 1.8% – Time to Buy?

Shares of Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) shot up 1.8% during mid-day trading on Monday . The stock traded as high as $26.97 and last traded at $26.89. 3,078 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 3,809 shares. The stock had previously closed at $26.41.

Clockwise Core Equity & Innovation ETF Trading Down 0.6%

The stock has a market capitalization of $12.44 million, a price-to-earnings ratio of -882.33 and a beta of 1.21. The firm’s 50 day simple moving average is $26.10 and its 200-day simple moving average is $24.99.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Clockwise Core Equity & Innovation ETF stock. Betterment LLC acquired a new position in shares of Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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. Institutional investors own 89.28% of the company’s stock.

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.