Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Stock Price Down 0.1% – What’s Next?

Shares of Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) fell 0.1% during trading on Thursday . The stock traded as low as $39.37 and last traded at $39.49. 9,083 shares traded hands during mid-day trading, an increase of 219% from the average daily volume of 2,851 shares. The stock had previously closed at $39.52.

Texas Capital Texas Equity Index ETF Stock Performance

The company has a market cap of $33.96 million, a price-to-earnings ratio of 20.54 and a beta of 0.88. The company’s 50 day moving average price is $39.35 and its 200 day moving average price is $38.04.

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. Optima Capital LLC bought a new position in shares of Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 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 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.