Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Trading 0.1% Higher – Here’s Why

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSMGet Free Report)’s stock price rose 0.1% during trading on Friday . The stock traded as high as $27.53 and last traded at $27.4850. 4,108 shares were traded 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 capitalization of $98.40 million, a price-to-earnings ratio of 20.00 and a beta of 0.57. The stock has a 50 day simple moving average of $27.12 and a two-hundred day simple moving average of $25.95.

Institutional Investors Weigh In On Cabana Target Leading Sector Moderate ETF

Several hedge funds and other institutional investors have recently made changes to their positions in CLSM. Continuum Advisory LLC purchased a new stake in Cabana Target Leading Sector Moderate ETF during the second quarter worth approximately $139,000. Citadel Advisors LLC purchased a new position in Cabana Target Leading Sector Moderate ETF in the third quarter valued at approximately $530,000. Aegis Wealth Management Inc. purchased a new position in Cabana Target Leading Sector Moderate ETF in the fourth quarter valued at approximately $727,000. Signal Advisors Wealth LLC acquired a new stake in Cabana Target Leading Sector Moderate ETF during the first quarter worth approximately $1,752,000. Finally, Corient Private Wealth LLC acquired a new stake in Cabana Target Leading Sector Moderate ETF during the second quarter worth approximately $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.