Clough Select Equity ETF (NYSEARCA:CBSE) Stock Price Down 0.5% – Time to Sell?

Clough Select Equity ETF (NYSEARCA:CBSE) shares dropped 0.5% during mid-day trading on Friday . The stock traded as low as $31.46 and last traded at $31.53. Approximately 1,937 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 4,489 shares. The stock had previously closed at $31.69.

Clough Select Equity ETF Trading Down 0.5 %

The stock has a market capitalization of $23.65 million, a PE ratio of 18.48 and a beta of 1.09. The firm’s fifty day moving average is $33.90 and its 200-day moving average is $32.92.

Institutional Trading of Clough Select Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of CBSE. JPMorgan Chase & Co. raised its holdings in Clough Select Equity ETF by 455.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 158,792 shares of the company’s stock valued at $4,944,000 after buying an additional 130,205 shares during the period. Sanctuary Advisors LLC grew its position in Clough Select Equity ETF by 76.0% in the 4th quarter. Sanctuary Advisors LLC now owns 22,500 shares of the company’s stock valued at $790,000 after acquiring an additional 9,717 shares in the last quarter. Finally, Waverly Advisors LLC grew its position in Clough Select Equity ETF by 5.4% in the 4th quarter. Waverly Advisors LLC now owns 150,808 shares of the company’s stock valued at $4,992,000 after acquiring an additional 7,704 shares in the last quarter.

Clough Select Equity ETF Company Profile

The Changebridge Capital Sustainable Equity ETF (CBSE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, concentrated portfolio of US-listed stocks that appear fundamentally undervalued and have positive environmental, social and governance attributes as viewed by the fund adviser.