Convergence Long/Short Equity ETF (CLSE) Price, Holdings, & News

ETF Overview

The Convergence Long\u002FShort Equity ETF (CLSE) is an exchange-traded fund that mostly invests in long\u002Fshort 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.

Key Stats

• Today's Range: $23.22 to $23.55
• 50-Day Range: $22.65 to $24.05
• 52-Week Range: N/A
• Volume: 117,784 shs
• Average Volume: N/A
• Market Capitalization: $93.31 million
• Assets Under Management: $273.48 million
• Dividend Yield: 1.01%
• Net Expense Ratio: 1.25%
• Aggregate Rating: Moderate Buy

CLSE ETF - Frequently Asked Questions

How have CLSE shares performed this year?

Convergence Long/Short Equity ETF's stock was trading at $22.91 on January 1st, 2025. Since then, CLSE shares have decreased by 1.1% and is now trading at $22.6490.
View the best growth stocks for 2025 here.

Who are Convergence Long/Short Equity ETF's major shareholders?

Top institutional investors of Convergence Long/Short Equity ETF include Janney Montgomery Scott LLC (4.82%), Integrated Wealth Concepts LLC (2.05%), Archford Capital Strategies LLC (1.15%) and Cary Street Partners Financial LLC (0.79%).

How do I buy shares of Convergence Long/Short Equity ETF?

Shares of CLSE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Fund Details

• Issuer: Convergence Investment Partners
• Fund Name: Convergence Long/Short Equity ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: BATS
• Current Symbol: BATS:CLSE
• Inception Date: 12/31/2009
• Fund Manager: David J. Abitz, Justin Neuberg
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Strategy
• Focus: Long/Short
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 348

Fund Statistics

• Assets Under Management: $273.48 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.02%

Administrator, Advisor and Custodian

• Administrator: U.S. Bancorp Fund Services, LLC
• Advisor: Convergence Investment Partners, LLC
• Custodian: U.S. Bank, N.A.
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: U.S. Bancorp Fund Services, LLC
• Trustee: N/A
• Lead Market Maker: Virtu Financial

Miscellaneous

• Outstanding Shares: 4,120,000
• Beta: 0.67
• Creation Fee: $250.00