Democratic Large Cap Core ETF (NASDAQ:DEMZ) Stock Price Up 0.3% – Still a Buy?

Shares of Democratic Large Cap Core ETF (NASDAQ:DEMZ) shot up 0.3% during trading on Thursday . The company traded as high as $44.20 and last traded at $43.8340. 1,311 shares changed hands during trading, a decline of 51% from the average session volume of 2,679 shares. The stock had previously closed at $43.72.

Democratic Large Cap Core ETF Trading Up 0.3%

The stock has a 50 day moving average of $42.93 and a 200-day moving average of $41.70. The stock has a market capitalization of $54.79 million, a P/E ratio of 28.63 and a beta of 1.06.

Democratic Large Cap Core ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were issued a $0.4162 dividend. The ex-dividend date was Tuesday, December 30th. This represents a yield of 97.0%.

Institutional Trading of Democratic Large Cap Core ETF

A hedge fund recently raised its stake in Democratic Large Cap Core ETF stock. AdvisorNet Financial Inc raised its position in shares of Democratic Large Cap Core ETF (NASDAQ:DEMZ) by 144.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,960 shares of the company’s stock after purchasing an additional 2,340 shares during the quarter. AdvisorNet Financial Inc owned 0.35% of Democratic Large Cap Core ETF worth $154,000 at the end of the most recent reporting period.

About Democratic Large Cap Core ETF

The Democratic Large Cap Core ETF (DEMZ) is an exchange-traded fund that is based on the Democratic Large Cap Core index. The fund tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates. DEMZ was launched on Nov 2, 2020 and is managed by RAM.