GraniteShares XOUT U.S. Large Cap ETF (NYSEARCA:XOUT) Stock Price Up 1.2%

Shares of GraniteShares XOUT U.S. Large Cap ETF (NYSEARCA:XOUT) traded up 1.2% during trading on Monday . The company traded as high as $49.47 and last traded at $49.47. 2,968 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 8,205 shares. The stock had previously closed at $48.86.

GraniteShares XOUT U.S. Large Cap ETF Trading Up 1.2 %

The company has a market capitalization of $56.89 million, a price-to-earnings ratio of 37.07 and a beta of 1.32. The business’s 50 day moving average price is $49.42 and its two-hundred day moving average price is $45.79.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Fulcrum Equity Management bought a new stake in shares of GraniteShares XOUT U.S. Large Cap ETF in the 4th quarter valued at $1,044,000. Advisor Resource Council acquired a new position in shares of GraniteShares XOUT U.S. Large Cap ETF during the fourth quarter valued at about $334,000. Finally, Legacy Capital Group California Inc. bought a new position in shares of GraniteShares XOUT U.S. Large Cap ETF during the 4th quarter worth about $250,000.

About GraniteShares XOUT U.S. Large Cap ETF

The GraniteShares XOUT U.S. Large Cap ETF (XOUT) is an exchange-traded fund that is based on the XOUT US Large Cap TR index. The fund tracks a market-cap weighted index of US large-cap stocks selected based on a proprietary, quantitative scoring methodology excluding potentially underperforming companies.