Allegheny Financial Group Increases Stock Position in Virtus KAR Mid-Cap ETF $KMID

Allegheny Financial Group increased its holdings in shares of Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) by 40.8% during the first quarter, Holdings Channel.com reports. The firm owned 620,374 shares of the company’s stock after buying an additional 179,756 shares during the period. Virtus KAR Mid-Cap ETF makes up 2.0% of Allegheny Financial Group’s holdings, making the stock its 13th biggest holding. Allegheny Financial Group owned about 0.36% of Virtus KAR Mid-Cap ETF worth $14,790,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. CLG LLC bought a new position in Virtus KAR Mid-Cap ETF in the second quarter worth approximately $1,657,000. Citadel Advisors LLC bought a new stake in Virtus KAR Mid-Cap ETF during the third quarter valued at about $504,000. EverSource Wealth Advisors LLC lifted its position in shares of Virtus KAR Mid-Cap ETF by 12,943.7% during the third quarter. EverSource Wealth Advisors LLC now owns 9,261 shares of the company’s stock valued at $228,000 after buying an additional 9,190 shares during the last quarter. Stephens Inc. AR purchased a new stake in shares of Virtus KAR Mid-Cap ETF during the fourth quarter valued at about $211,000. Finally, Keystone Financial Services LLC lifted its position in shares of Virtus KAR Mid-Cap ETF by 2.7% during the fourth quarter. Keystone Financial Services LLC now owns 181,145 shares of the company’s stock valued at $4,416,000 after buying an additional 4,788 shares during the last quarter.

Virtus KAR Mid-Cap ETF Stock Performance

NYSEARCA:KMID opened at $24.97 on Monday. The company’s 50-day simple moving average is $24.92 and its 200-day simple moving average is $24.87. Virtus KAR Mid-Cap ETF has a fifty-two week low of $23.14 and a fifty-two week high of $26.03. The stock has a market capitalization of $43.20 million, a P/E ratio of 30.72 and a beta of 0.75.

About Virtus KAR Mid-Cap ETF

The Virtus KAR Mid-Cap ETF (KMID) is an exchange-traded fund that mostly invests in mid cap equity. The fund is actively managed, investing in mid-cap companies with sustainable advantages, strong management, and low financial risk, primarily focusing on US stocks. The fund aims for long-term growth of capital. KMID was launched on Oct 15, 2024 and is issued by Virtus Investment Partners.