Texas Capital Government Money Market ETF (NYSEARCA:MMKT) Shares Up 0% – What’s Next?

Texas Capital Government Money Market ETF (NYSEARCA:MMKT) shares traded up 0% on Tuesday . The stock traded as high as $100.22 and last traded at $100.21. Approximately 5,501 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 11,458 shares. The stock had previously closed at $100.19.

Texas Capital Government Money Market ETF Trading Up 0.0%

The firm has a fifty day moving average price of $100.22 and a 200-day moving average price of $100.23.

Hedge Funds Weigh In On Texas Capital Government Money Market ETF

Several large investors have recently added to or reduced their stakes in MMKT. Jane Street Group LLC purchased a new stake in Texas Capital Government Money Market ETF in the 1st quarter valued at about $1,622,000. Texas Capital Bank Wealth Management Services Inc increased its stake in shares of Texas Capital Government Money Market ETF by 74.9% during the 4th quarter. Texas Capital Bank Wealth Management Services Inc now owns 11,578 shares of the company’s stock valued at $1,160,000 after acquiring an additional 4,957 shares during the last quarter. Meridian Wealth Management LLC purchased a new position in shares of Texas Capital Government Money Market ETF during the 4th quarter worth about $949,000. Boothe Investment Group Inc. purchased a new position in shares of Texas Capital Government Money Market ETF during the 4th quarter worth about $650,000. Finally, Hummer Financial Advisory Services Inc lifted its holdings in shares of Texas Capital Government Money Market ETF by 66.7% during the 4th quarter. Hummer Financial Advisory Services Inc now owns 5,000 shares of the company’s stock worth $501,000 after acquiring an additional 2,000 shares during the period.

About Texas Capital Government Money Market ETF

The Texas Capital Government Money Market ETF (MMKT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US government money market instruments, particularly overnight repurchase agreements with short-term maturities. The fund aims to balance income, liquidity, and capital preservation. MMKT was launched on Sep 24, 2024 and is issued by Texas Capital.