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%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 15, 2022 $0.12498 Dec 19, 2022
Full Dividend History

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.

Other symbols: BTALKMLM
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.

Other symbols: JCPIIPDPIPPP
10 months ago - ETFcom