Point Bridge America First ETF (BATS:MAGA) Trading 0.1% Higher – Here’s What Happened

Shares of Point Bridge America First ETF (BATS:MAGA) traded up 0.1% on Tuesday . The company traded as high as $54.97 and last traded at $54.52. 1,691 shares traded hands during mid-day trading, an increase of 48% from the average session volume of 1,143 shares. The stock had previously closed at $54.48.

Point Bridge America First ETF Price Performance

The firm has a market cap of $34.08 million, a PE ratio of 20.33 and a beta of 0.94. The business has a 50-day moving average price of $54.15 and a two-hundred day moving average price of $53.62.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Point Bridge America First ETF stock. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Point Bridge America First ETF (BATS:MAGA) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,700 shares of the company’s stock, valued at approximately $138,000. KERR FINANCIAL PLANNING Corp owned about 0.43% of Point Bridge America First ETF as of its most recent SEC filing.

About Point Bridge America First ETF

The Point Bridge America First ETF (MAGA) is an exchange-traded fund that is based on the Point Bridge America First index. The fund tracks an index of US large-cap companies whose employees and political action committees are highly supportive of Republican candidates. MAGA was launched on Sep 6, 2017 and is managed by Point Bridge Capital.