Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM – Get Free Report)’s stock price shot up 0.1% during mid-day trading on Friday . The company traded as high as $27.53 and last traded at $27.4850. Approximately 4,108 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 13,844 shares. The stock had previously closed at $27.47.
Cabana Target Leading Sector Moderate ETF Price Performance
The company has a market cap of $98.40 million, a price-to-earnings ratio of 20.00 and a beta of 0.57. The stock has a 50-day moving average price of $27.12 and a 200 day moving average price of $25.95.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Continuum Advisory LLC bought a new stake in shares of Cabana Target Leading Sector Moderate ETF during the second quarter worth $139,000. Citadel Advisors LLC bought a new stake in Cabana Target Leading Sector Moderate ETF in the 3rd quarter valued at $530,000. Aegis Wealth Management Inc. acquired a new position in Cabana Target Leading Sector Moderate ETF in the 4th quarter worth $727,000. Signal Advisors Wealth LLC acquired a new position in Cabana Target Leading Sector Moderate ETF in the 1st quarter worth $1,752,000. Finally, Corient Private Wealth LLC bought a new position in Cabana Target Leading Sector Moderate ETF during the 2nd quarter worth about $4,104,000.
About Cabana Target Leading Sector Moderate ETF
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.
Further Reading
- Five stocks we like better than Cabana Target Leading Sector Moderate ETF
- Revolution Medicines Got Its Breakthrough—What Moves It Next?
- Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
- FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism
- AST SpaceMobile Stock Soared 12%—This Was the Catalyst
Receive News & Ratings for Cabana Target Leading Sector Moderate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cabana Target Leading Sector Moderate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
