Clough Select Equity ETF (NYSEARCA:CBSE) Shares Up 0.1% – Should You Buy?

Clough Select Equity ETF (NYSEARCA:CBSE)’s share price traded up 0.1% during mid-day trading on Tuesday . The stock traded as high as $48.00 and last traded at $47.75. Approximately 7,526 shares were traded during mid-day 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 Down 0.4%

The firm has a market cap of $54.42 million, a P/E ratio of 27.87 and a beta of 1.20. The stock’s 50-day moving average is $49.19 and its 200-day moving average is $45.97.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Clough Select Equity ETF stock. JPMorgan Chase & Co. boosted its position in shares of Clough Select Equity ETF (NYSEARCA:CBSE) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 198,553 shares of the company’s stock after acquiring an additional 6,316 shares during the period. JPMorgan Chase & Co. owned approximately 20.47% of Clough Select Equity ETF worth $7,830,000 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.