Texas Capital Government Money Market ETF (NYSEARCA:MMKT) Trading 0% Higher – What’s Next?

Texas Capital Government Money Market ETF (NYSEARCA:MMKT)’s share price rose 0% on Tuesday . The stock traded as high as $100.22 and last traded at $100.21. Approximately 5,501 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 11,458 shares. The stock had previously closed at $100.19.

Texas Capital Government Money Market ETF Price Performance

The business has a 50-day moving average price of $100.22 and a two-hundred day moving average price of $100.23.

Institutional Investors Weigh In On Texas Capital Government Money Market ETF

A number of large investors have recently added to or reduced their stakes in MMKT. Jane Street Group LLC purchased a new position in Texas Capital Government Money Market ETF during the 4th quarter valued at about $1,351,000. Texas Capital Bank Wealth Management Services Inc lifted its holdings in shares of Texas Capital Government Money Market ETF by 74.9% in the fourth quarter. Texas Capital Bank Wealth Management Services Inc now owns 11,578 shares of the company’s stock valued at $1,160,000 after purchasing an additional 4,957 shares in the last quarter. Meridian Wealth Management LLC acquired a new stake in shares of Texas Capital Government Money Market ETF in the fourth quarter valued at approximately $949,000. Boothe Investment Group Inc. acquired a new stake in shares of Texas Capital Government Money Market ETF in the fourth quarter valued at approximately $650,000. Finally, Chung Wu Investment Group LLC acquired a new stake in shares of Texas Capital Government Money Market ETF in the fourth quarter valued at approximately $100,000.

About Texas Capital Government Money Market ETF

The Texas Capital Government Money Market ETF (MMKT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US government money market instruments, particularly overnight repurchase agreements with short-term maturities. The fund aims to balance income, liquidity, and capital preservation. MMKT was launched on Sep 24, 2024 and is issued by Texas Capital.