Convergence Long/Short Equity ETF (CLSE)
BATS: CLSE · IEX Real-Time Price · USD
14.52
0.00 (0.00%)
Feb 1, 2023, 12:00 AM EST - Market open
| Assets | $23.96M |
| Expense Ratio | 1.56% |
| PE Ratio | 11.01 |
| Shares Out | 1.65M |
| Dividend (ttm) | $0.12 |
| Dividend Yield | 0.86% |
| Ex-Dividend Date | Dec 15, 2022 |
| Payout Ratio | 9.47% |
| 1-Year Return | n/a |
| Volume | 1,725 |
| Open | 14.47 |
| Previous Close | 14.52 |
| Day's Range | 14.47 - 14.56 |
| 52-Week Low | 13.19 |
| 52-Week High | 16.33 |
| Beta | -0.53 |
| Holdings | 346 |
| Inception Date | Dec 29, 2009 |
About CLSE
The Convergence Long/Short Equity ETF (CLSE) is an exchange-traded fund that mostly invests in long/short alternatives. The fund establishes both long and short positions in US stocks. The actively managed fund intends to maintain a 50%-100% net long exposure. CLSE was launched on Dec 29, 2009 and is managed by Convergence.
Asset Class
Alternativess
Category
Long-Short Equity
Region
North America
Stock Exchange
BATS
Ticker Symbol
CLSE
Issuer Website
Convergence
Top 10 Holdings
44.51% of assets| Name | Symbol | Weight |
|---|---|---|
| DEPOSITS WITH BROKER FOR SHORT POSITIONS | n/a | 28.05% |
| Netflix, Inc. | NFLX | 2.17% |
| Broadcom Inc. | AVGO | 2.07% |
| Alphabet Inc. | GOOGL | 1.85% |
| Alphabet Inc. | GOOG | 1.84% |
| Cisco Systems, Inc. | CSCO | 1.78% |
| Jabil Inc. | JBL | 1.76% |
| Apple Inc. | AAPL | 1.69% |
| Cadence Design Systems, Inc. | CDNS | 1.65% |
| Microchip Technology Incorporated | MCHP | 1.65% |
News
More Pain Ahead for Markets? Defensive ETFs to Play
The long/short fund goes long stocks that are expected to outperform the market, while taking short positions in stocks that are likely to underperform.
3 months ago - Zacks Investment Research
JP Morgan Begins Converting 4 Mutual Funds To ETFs
A $1.1 billion inflation-managed fund is the first to convert.
10 months ago - ETFcom