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Clockwise Core Equity & Innovation ETF V.CWC


Primary Symbol: TIME

Clockwise Capital Innovation ETFs (the Fund) investment objective is long-term growth of capital. The Fund is an actively-managed exchange-traded fund (ETF) that will invest under normal circumstances primarily in domestic equity securities of companies that are relevant to the Funds investment theme of 5G enabled opportunistic investing. The Adviser defines 5G enabled opportunistic investing as investing in companies that, in the Advisers opinion, best leverage the proliferation of 5G internet and cloud-based products and services. Investments may include, but are not limited to, companies focusing on artificial intelligence and machine learning, robotic and smart manufacturing, cryptocurrency and digital payments, electric vehicles and self-driving vehicles, preventative health and remote surgery, and big data and data security.


ARCA:TIME - Post by User

Post by LuckyLuchon Jul 01, 2017 12:01pm
108 Views
Post# 26427215

June 30th update

June 30th update
Appears CWC was a late file on last fri's activity.  For the last 6 trading days, the company bought back aboot 60K shares.  So, they go from averaging almost 400k shares bought back p/week down to 50k???  Raja runing the ASPP buyback had been routinely putting 90k bids but dropped down to 20k?  Understanding that crude bottomed last wed @ $42.05, I get they slowed down last thurs+fri but clearly this week they failed to get much done using such a beyond passive new strategy. 

Earnings due in early Aug, hope to see a conclusion to the auction by then.




https://www.canadianinsider.com/company?menu_tickersearch=cwc
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