Texas Capital Government Money Market ETF (NYSEARCA:MMKT) Trading Up 0% – Here’s What Happened

Texas Capital Government Money Market ETF (NYSEARCA:MMKT)’s share price traded up 0% during mid-day trading on Wednesday . The stock traded as high as $100.23 and last traded at $100.23. Approximately 1,750 shares were traded during mid-day trading, a decline of 84% from the average session volume of 10,761 shares. The stock had previously closed at $100.22.

Texas Capital Government Money Market ETF Stock Up 0.0%

The business’s 50 day moving average price is $100.22 and its 200-day moving average price is $100.23.

Institutional Trading of Texas Capital Government Money Market ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MMKT. Jane Street Group LLC bought a new position in Texas Capital Government Money Market ETF during the first quarter worth about $1,622,000. Texas Capital Bank Wealth Management Services Inc boosted its holdings in Texas Capital Government Money Market ETF by 74.9% during the fourth quarter. Texas Capital Bank Wealth Management Services Inc now owns 11,578 shares of the company’s stock valued at $1,160,000 after purchasing an additional 4,957 shares in the last quarter. Meridian Wealth Management LLC bought a new stake in shares of Texas Capital Government Money Market ETF in the 4th quarter valued at approximately $949,000. Boothe Investment Group Inc. acquired a new position in shares of Texas Capital Government Money Market ETF in the 4th quarter worth approximately $650,000. Finally, Chung Wu Investment Group LLC acquired a new position in shares of Texas Capital Government Money Market ETF in the 4th quarter worth approximately $100,000.

Texas Capital Government Money Market ETF Company Profile

The Texas Capital Government Money Market ETF (MMKT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US government money market instruments, particularly overnight repurchase agreements with short-term maturities. The fund aims to balance income, liquidity, and capital preservation. MMKT was launched on Sep 24, 2024 and is issued by Texas Capital.