Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) Trading Down 0.2% – What’s Next?

Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) fell 0.2% on Friday . The company traded as low as $22.30 and last traded at $22.37. 19,153 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 84,048 shares. The stock had previously closed at $22.41.

Defiance Large Cap ex-Mag 7 ETF Stock Down 0.2%

The company has a market capitalization of $121.92 million, a P/E ratio of 22.97 and a beta of 0.90. The business has a fifty day moving average price of $23.03 and a 200 day moving average price of $22.52.

Defiance Large Cap ex-Mag 7 ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a dividend of $0.1161 per share. This represents a dividend yield of 51.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Trading of Defiance Large Cap ex-Mag 7 ETF

An institutional investor recently bought a new position in Defiance Large Cap ex-Mag 7 ETF stock. Cornerstone Planning Group LLC bought a new position in shares of Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,397 shares of the company’s stock, valued at approximately $164,000. Cornerstone Planning Group LLC owned about 0.32% of Defiance Large Cap ex-Mag 7 ETF at the end of the most recent quarter.

Defiance Large Cap ex-Mag 7 ETF Company Profile

The Defiance Large Cap ex-Mag 7 ETF (XMAG) is an exchange-traded fund that is based on the BITA US 500 ex-Magnificent 7 index. The fund tracks an index that provides exposure to large-cap stocks in the US, excluding the seven largest technology stocks. The strategy aims to mitigate the overconcentration and volatility of a select few stocks XMAG was launched on Oct 21, 2024 and is issued by Defiance.