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

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) shares dropped 0.2% during mid-day trading on Friday . The company traded as low as $40.53 and last traded at $40.53. Approximately 7,363 shares changed hands during trading, an increase of 153% from the average session volume of 2,911 shares. The stock had previously closed at $40.62.

Texas Capital Texas Equity Index ETF Stock Down 0.2%

The stock has a market cap of $35.67 million, a PE ratio of 20.54 and a beta of 0.87. The firm has a 50 day moving average price of $39.82 and a 200 day moving average price of $38.47.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Texas Capital Texas Equity Index ETF stock. Ankerstar Wealth LLC bought a new position in shares of Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 38,431 shares of the company’s stock, valued at approximately $1,366,000. Texas Capital Texas Equity Index ETF makes up 1.4% of Ankerstar Wealth LLC’s portfolio, making the stock its 15th largest position. Ankerstar Wealth LLC owned about 4.37% of Texas Capital Texas Equity Index ETF as of its most recent filing with the SEC.

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.