Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Trading 1.4% Higher – Still a Buy?

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) traded up 1.4% during trading on Monday . The stock traded as high as $31.26 and last traded at $31.26. 1,285 shares traded hands during trading, a decline of 58% from the average session volume of 3,096 shares. The stock had previously closed at $30.82.

Texas Capital Texas Equity Index ETF Price Performance

The firm has a 50-day moving average of $32.79 and a 200 day moving average of $32.45. The stock has a market capitalization of $28.88 million, a price-to-earnings ratio of 17.58 and a beta of 0.94.

Institutional Trading of Texas Capital Texas Equity Index ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Centricity Wealth Management LLC bought a new position in shares of Texas Capital Texas Equity Index ETF during the fourth quarter worth approximately $49,000. U.S. Capital Wealth Advisors LLC increased its stake in shares of Texas Capital Texas Equity Index ETF by 11.2% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 21,563 shares of the company’s stock worth $701,000 after purchasing an additional 2,177 shares during the period. Finally, Astoria Portfolio Advisors LLC. increased its stake in shares of Texas Capital Texas Equity Index ETF by 46.2% during the fourth quarter. Astoria Portfolio Advisors LLC. now owns 19,915 shares of the company’s stock worth $656,000 after purchasing an additional 6,291 shares during the period.

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.