Clockwise Capital Innovation ETF (NYSEARCA:TIME) Stock Price Down 1.1%

Clockwise Capital Innovation ETF (NYSEARCA:TIME)’s stock price was down 1.1% during mid-day trading on Wednesday . The company traded as low as $25.02 and last traded at $25.02. Approximately 5,908 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 8,277 shares. The stock had previously closed at $25.30.

Clockwise Capital Innovation ETF Price Performance

The business’s 50 day moving average price is $24.98 and its 200-day moving average price is $23.45. The company has a market cap of $21.30 million, a P/E ratio of 34.75 and a beta of 1.15.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. UBS Group AG bought a new position in shares of Clockwise Capital Innovation ETF in the fourth quarter valued at approximately $35,000. Citadel Advisors LLC bought a new position in Clockwise Capital Innovation ETF in the 4th quarter worth approximately $257,000. Royal Bank of Canada raised its position in Clockwise Capital Innovation ETF by 231.5% in the 2nd quarter. Royal Bank of Canada now owns 17,284 shares of the company’s stock worth $392,000 after purchasing an additional 12,070 shares during the last quarter. Susquehanna International Group LLP bought a new position in Clockwise Capital Innovation ETF in the 1st quarter worth approximately $345,000. Finally, Aptus Capital Advisors LLC bought a new position in Clockwise Capital Innovation ETF in the 3rd quarter worth approximately $1,108,000.

Clockwise Capital 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.