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CLSE ETF Price & Analysis

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CLSE ETF Chart & Stats

ETF Overview

Convergence Long/Short Equity ETF

The Convergence Long/Short Equity ETF (Ticker: CLSE) is a sophisticated investment vehicle designed to provide investors with exposure to hedge fund strategies, specifically targeting the long/short equity space. This ETF seeks to harness the strengths of both long and short positions, allowing investors to capitalize on market inefficiencies and volatility while mitigating downside risk. By focusing on the niche of long/short equity, CLSE empowers investors to benefit from both rising and falling markets, providing a balanced approach to equity investing that traditional long-only funds may not offer. The fund employs strategic allocations and rigorous analysis to identify high-conviction opportunities, aiming to deliver superior risk-adjusted returns. As part of the hedge fund strategies category, the Convergence Long/Short Equity ETF stands out for its dynamic approach, making it an attractive option for those looking to diversify their portfolios with a tactical and adaptive equity strategy.

Convergence Long/Short Equity ETF (CLSE) Fund Flow Chart

Convergence Long/Short Equity ETF (CLSE) 1 year Net Flows: $193M

CLSE ETF FAQ

What was CLSE’s price range in the past 12 months?
CLSE lowest ETF price was $19.29 and its highest was $24.23 in the past 12 months.
    What is the AUM of CLSE?
    As of Feb 20, 2025 The AUM of CLSE is 274.38M.
      Is CLSE overvalued?
      According to Wall Street analysts CLSE’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does CLSE pay dividends?
        CLSE pays a Annually dividend of $0.212 which represents an annual dividend yield of 0.91%. See more information on CLSE dividends here
          How many shares outstanding does CLSE have?
          CLSE has 11,597,329 shares outstanding.
            Which hedge fund is a major shareholder of CLSE?
            Currently, no hedge funds are holding shares in CLSE

            CLSE ETF Smart Score

            For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.​

            Top 10 Holdings

            Name
            Weight %
            USD_CASH
            U.S. Dollar
            36.25%
            Meta Platforms, Inc.
            3.50%
            Amazon.Com, Inc.
            3.30%
            Nvidia Corporation
            3.18%
            Qualcomm
            2.71%
            Broadcom Inc.
            2.47%
            Walmart Inc.
            2.15%
            AppLovin Corp. Class A
            2.09%
            Fox Corporation Class A
            1.95%
            Alphabet Inc. Class A
            1.79%
            Total59.37%
            See All Holdings
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