Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Trading 0.2% Higher – Time to Buy?

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) traded up 0.2% during mid-day trading on Wednesday . The stock traded as high as $36.19 and last traded at $36.19. 419 shares were traded during mid-day trading, a decline of 89% from the average session volume of 3,900 shares. The stock had previously closed at $36.10.

Texas Capital Texas Equity Index ETF Price Performance

The company’s fifty day moving average price is $36.01 and its 200 day moving average price is $35.50. The company has a market cap of $33.29 million, a PE ratio of 20.54 and a beta of 1.06.

Hedge Funds Weigh In On Texas Capital Texas Equity Index ETF

Hedge funds have recently modified their holdings of the company. Ameritas Advisory Services LLC bought a new position in shares of Texas Capital Texas Equity Index ETF in the second quarter valued at approximately $35,000. Astoria Portfolio Advisors LLC. lifted its holdings in Texas Capital Texas Equity Index ETF by 42.1% during the second quarter. Astoria Portfolio Advisors LLC. now owns 30,733 shares of the company’s stock worth $1,068,000 after acquiring an additional 9,107 shares during the period. Concorde Financial Corp purchased a new position in Texas Capital Texas Equity Index ETF in the second quarter worth $104,000. Finally, U.S. Capital Wealth Advisors LLC grew its stake in Texas Capital Texas Equity Index ETF by 29.6% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 30,828 shares of the company’s stock valued at $1,130,000 after purchasing an additional 7,045 shares during the period.

About Texas Capital Texas Equity Index ETF

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.