Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Stock Price Up 0.3% – Still a Buy?

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS – Get Free Report) shares shot up 0.3% during mid-day trading on Tuesday. The company traded as high as $42.75 and last traded at $42.75. 12,860 shares were traded during mid-day trading, an increase of 303% from the average session volume of 3,188 shares. The stock had previously closed at $42.61.

Texas Capital Texas Equity Index ETF Stock Performance

The company has a market capitalization of $41.01 million, a P/E ratio of 20.54 and a beta of 0.87. The company has a 50-day simple moving average of $42.12 and a 200 day simple moving average of $39.92.

Texas Capital Texas Equity Index ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Friday, September 25th were paid a dividend of $0.0921 per share. This represents a $0.37 annualized dividend and a yield of 0.9%. The ex-dividend date was Friday, September 25th. This is an increase from Texas Capital Texas Equity Index ETF’s previous quarterly dividend of $0.0873.

Institutional Trading of Texas Capital Texas Equity Index ETF

An institutional investor recently bought a new stake in Texas Capital Texas Equity Index ETF stock. Winnacle Wealth LLC acquired a new stake in shares of Texas Capital Texas Equity Index ETF (NYSEARCA:TXS – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,645 shares of the company’s stock, valued at approximately $478,000. Winnacle Wealth LLC owned about 1.23% of Texas Capital Texas Equity Index ETF as of its most recent filing with the Securities & Exchange Commission.

About Texas Capital Texas Equity Index ETF

(Get Free Report)

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.

Further Reading

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