Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Trading Down 0.2% – Here’s What Happened

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS)’s share price was down 0.2% during trading on Friday . The stock traded as low as $40.53 and last traded at $40.53. 7,363 shares traded hands during trading, an increase of 153% from the average daily volume of 2,911 shares. The stock had previously closed at $40.62.

Texas Capital Texas Equity Index ETF Stock Performance

The stock has a fifty day simple moving average of $39.82 and a two-hundred day simple moving average of $38.47. The stock has a market cap of $36.07 million, a PE ratio of 20.54 and a beta of 0.87.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Texas Capital Texas Equity Index ETF stock. Optima Capital LLC purchased a new position in shares of Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,034 shares of the company’s stock, valued at approximately $37,000. Optima Capital LLC owned 0.12% of Texas Capital Texas Equity Index ETF at the end of the most recent reporting period.

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.