Texas Capital Government Money Market ETF (NYSEARCA:MMKT) Trading Up 0% – Here’s What Happened

Shares of Texas Capital Government Money Market ETF (NYSEARCA:MMKT) traded up 0% on Thursday . The stock traded as high as $100.25 and last traded at $100.25. 4,398 shares changed hands during trading, a decline of 66% from the average session volume of 12,831 shares. The stock had previously closed at $100.23.

Texas Capital Government Money Market ETF Stock Up 0.0%

The stock has a 50 day simple moving average of $100.23 and a two-hundred day simple moving average of $100.24.

Institutional Investors Weigh In On Texas Capital Government Money Market ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Texas Capital Bank Wealth Management Services Inc purchased a new stake in Texas Capital Government Money Market ETF in the third quarter valued at approximately $664,000. Uniting Wealth Partners LLC purchased a new stake in Texas Capital Government Money Market ETF in the third quarter valued at approximately $602,000. Boothe Investment Group Inc. purchased a new stake in Texas Capital Government Money Market ETF in the fourth quarter valued at approximately $650,000. Meridian Wealth Management LLC purchased a new stake in Texas Capital Government Money Market ETF in the fourth quarter valued at approximately $949,000. Finally, Jane Street Group LLC purchased a new stake in Texas Capital Government Money Market ETF in the first quarter valued at approximately $1,622,000.

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.