Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Stock Price Down 0.2% – Should You Sell?

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSMGet Free Report)’s stock price dropped 0.2% during trading on Wednesday . The stock traded as low as $24.52 and last traded at $24.58. Approximately 15,615 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 19,314 shares. The stock had previously closed at $24.63.

Cabana Target Leading Sector Moderate ETF Price Performance

The company’s 50 day simple moving average is $23.69 and its 200 day simple moving average is $23.54. The firm has a market cap of $91.19 million, a price-to-earnings ratio of 20.00 and a beta of 0.51.

Institutional Investors Weigh In On Cabana Target Leading Sector Moderate ETF

Hedge funds have recently bought and sold shares of the stock. Assetmark Inc. acquired a new stake in Cabana Target Leading Sector Moderate ETF in the 4th quarter valued at about $133,000. Citadel Advisors LLC acquired a new stake in Cabana Target Leading Sector Moderate ETF in the 3rd quarter valued at about $530,000. Aegis Wealth Management Inc. acquired a new stake in Cabana Target Leading Sector Moderate ETF in the 4th quarter valued at about $727,000. Triad Wealth Partners LLC acquired a new stake in Cabana Target Leading Sector Moderate ETF in the 3rd quarter valued at about $984,000. Finally, Corient Private Wealth LLC acquired a new stake in Cabana Target Leading Sector Moderate ETF in the 2nd quarter valued at about $4,104,000.

Cabana Target Leading Sector Moderate ETF Company Profile

(Get Free Report)

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.

See Also

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.