Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Shares Down 0.7% – What’s Next?

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS)’s share price fell 0.7% during mid-day trading on Wednesday . The company traded as low as $39.81 and last traded at $39.81. 1,868 shares were traded during trading, a decline of 35% from the average session volume of 2,893 shares. The stock had previously closed at $40.08.

Texas Capital Texas Equity Index ETF Stock Performance

The business has a fifty day simple moving average of $38.66 and a 200-day simple moving average of $37.56. The stock has a market capitalization of $34.24 million, a P/E ratio of 20.54 and a beta of 0.90.

Hedge Funds Weigh In On Texas Capital Texas Equity Index ETF

An institutional investor recently bought a new position in Texas Capital Texas Equity Index ETF stock. Optima Capital LLC bought a new position in Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 1,034 shares of the company’s stock, valued at approximately $37,000. Optima Capital LLC owned approximately 0.12% of Texas Capital Texas Equity Index ETF as of its most recent SEC filing.

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.