Clough Select Equity ETF (NYSEARCA:CBSE) Shares Up 0.1% – What’s Next?

Clough Select Equity ETF (NYSEARCA:CBSE)’s stock price was up 0.1% during trading on Tuesday . The stock traded as high as $48.00 and last traded at $47.75. 7,526 shares changed hands during trading, an increase of 17% from the average daily volume of 6,446 shares. The stock had previously closed at $47.69.

Clough Select Equity ETF Stock Performance

The firm has a market cap of $53.48 million, a price-to-earnings ratio of 27.87 and a beta of 1.20. The business has a fifty day moving average of $49.26 and a two-hundred day moving average of $45.93.

Institutional Trading of Clough Select Equity ETF

A hedge fund recently raised its position in Clough Select Equity ETF stock. JPMorgan Chase & Co. grew its position in Clough Select Equity ETF (NYSEARCA:CBSE) by 6.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 204,324 shares of the company’s stock after buying an additional 12,624 shares during the quarter. JPMorgan Chase & Co. owned 27.61% of Clough Select Equity ETF worth $7,508,000 at the end of the most recent quarter.

About Clough Select Equity ETF

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. CBSE was launched on Nov 13, 2020 and is managed by Changebridge Capital.