Democratic Large Cap Core ETF (NASDAQ:DEMZ) Stock Price Up 0.3% – Here’s What Happened

Shares of Democratic Large Cap Core ETF (NASDAQ:DEMZ) were up 0.3% during trading on Thursday . The company traded as high as $44.20 and last traded at $43.8340. Approximately 1,311 shares traded hands during mid-day trading, a decline of 51% from the average daily volume of 2,679 shares. The stock had previously closed at $43.72.

Democratic Large Cap Core ETF Stock Performance

The stock’s 50-day simple moving average is $42.93 and its 200-day simple moving average is $41.70. The firm has a market capitalization of $54.79 million, a PE ratio of 28.63 and a beta of 1.06.

Democratic Large Cap Core ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were given a dividend of $0.4162 per share. This represents a yield of 97.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Democratic Large Cap Core ETF stock. AdvisorNet Financial Inc boosted its position in Democratic Large Cap Core ETF (NASDAQ:DEMZ) by 144.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,960 shares of the company’s stock after purchasing an additional 2,340 shares during the quarter. AdvisorNet Financial Inc owned approximately 0.35% of Democratic Large Cap Core ETF worth $154,000 at the end of the most recent quarter.

About Democratic Large Cap Core ETF

The Democratic Large Cap Core ETF (DEMZ) is an exchange-traded fund that is based on the Democratic Large Cap Core index. The fund tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates. DEMZ was launched on Nov 2, 2020 and is managed by RAM.