Clough Hedged Equity ETF (CBLS)

The ETF is managed by Changebridge Capital, LLC, a New Jersey-based investment advisory firm.

The fund's strategy is based on the belief that there are inefficiencies in the stock market that can be exploited by taking long and short positions in equity securities. The fund uses a quantitative and qualitative approach to identify undervalued and overvalued companies, and seeks to capture the potential returns from these opportunities by holding long and short positions.

CBLS typically holds a portfolio of 40-60 long and short positions, with long positions representing 50-80% of the portfolio and short positions representing 20-50% of the portfolio. The fund may also hold cash and cash equivalents to manage risk and enhance returns.

The fund is listed on the NYSE Arca exchange.

Investing in CBLS carries certain risks, including market risk, short-selling risk, and leverage risk. As an actively managed fund, CBLS may also underperform its benchmark or other funds with similar investment strategies.