Cabana Target Leading Sector Moderate ETF $CLSM Shares Bought by Corient Private Wealth LLC

Corient Private Wealth LLC raised its holdings in Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) by 152.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 636,358 shares of the company’s stock after buying an additional 384,226 shares during the quarter. Corient Private Wealth LLC owned about 0.15% of Cabana Target Leading Sector Moderate ETF worth $14,787,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CLSM. Assetmark Inc. acquired a new stake in Cabana Target Leading Sector Moderate ETF in the fourth quarter worth about $133,000. Citadel Advisors LLC acquired a new position in shares of Cabana Target Leading Sector Moderate ETF during the third quarter valued at about $530,000. Aegis Wealth Management Inc. acquired a new position in shares of Cabana Target Leading Sector Moderate ETF during the fourth quarter valued at about $727,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Cabana Target Leading Sector Moderate ETF by 117,997.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 273,986 shares of the company’s stock valued at $6,367,000 after purchasing an additional 273,754 shares during the last quarter.

Cabana Target Leading Sector Moderate ETF Stock Down 1.9%

CLSM stock opened at $27.12 on Wednesday. The firm has a 50 day moving average of $26.61 and a 200 day moving average of $24.69. The stock has a market capitalization of $99.26 million, a PE ratio of 20.00 and a beta of 0.57. Cabana Target Leading Sector Moderate ETF has a 52 week low of $21.28 and a 52 week high of $28.10.

Cabana Target Leading Sector Moderate ETF Profile

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.