Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Shares Up 1.4% – What’s Next?

Shares of Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) shot up 1.4% on Monday . The company traded as high as $31.26 and last traded at $31.26. 1,285 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 3,096 shares. The stock had previously closed at $30.82.

Texas Capital Texas Equity Index ETF Price Performance

The firm has a market cap of $29.12 million, a PE ratio of 17.58 and a beta of 0.94. The business has a 50-day moving average price of $32.75 and a two-hundred day moving average price of $32.46.

Institutional Trading of Texas Capital Texas Equity Index ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Centricity Wealth Management LLC purchased a new stake in Texas Capital Texas Equity Index ETF during the 4th quarter worth about $49,000. U.S. Capital Wealth Advisors LLC increased its position in Texas Capital Texas Equity Index ETF by 11.2% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 21,563 shares of the company’s stock worth $701,000 after purchasing an additional 2,177 shares in the last quarter. Finally, Astoria Portfolio Advisors LLC. increased its position in Texas Capital Texas Equity Index ETF by 46.2% during the 4th quarter. Astoria Portfolio Advisors LLC. now owns 19,915 shares of the company’s stock worth $656,000 after purchasing an additional 6,291 shares in the last quarter.

Texas Capital Texas Equity Index ETF Company Profile

The Texas Capital Texas Equity Index ETF (TXS) is an exchange-traded fund that is based on the Texas Capital Texas Equity index. The fund seeks to track a tier-weighted-equity index comprised of companies headquartered in Texas. The fund invests in various industries, sectors, and sizes TXS was launched on Jul 12, 2023 and is issued by Texas Capital.