Texas Capital Government Money Market ETF (NYSEARCA:MMKT) Stock Price Up 0% – What’s Next?

Texas Capital Government Money Market ETF (NYSEARCA:MMKT)’s share price shot up 0% during trading on Thursday . The stock traded as high as $100.25 and last traded at $100.25. 4,398 shares traded hands during trading, a decline of 66% from the average session volume of 12,831 shares. The stock had previously closed at $100.23.

Texas Capital Government Money Market ETF Trading Down 0.0%

The firm’s 50-day simple moving average is $100.23 and its 200 day simple moving average is $100.24.

Institutional Investors Weigh In On Texas Capital Government Money Market ETF

Several large investors have recently bought and sold shares of MMKT. Chung Wu Investment Group LLC bought a new stake in Texas Capital Government Money Market ETF in the fourth quarter valued at approximately $100,000. Hummer Financial Advisory Services Inc increased its stake in Texas Capital Government Money Market ETF by 66.7% during the 4th quarter. Hummer Financial Advisory Services Inc now owns 5,000 shares of the company’s stock worth $501,000 after purchasing an additional 2,000 shares in the last quarter. Uniting Wealth Partners LLC bought a new stake in Texas Capital Government Money Market ETF during the 3rd quarter worth approximately $602,000. Boothe Investment Group Inc. bought a new stake in Texas Capital Government Money Market ETF during the 4th quarter worth approximately $650,000. Finally, Texas Capital Bank Wealth Management Services Inc bought a new stake in Texas Capital Government Money Market ETF during the 3rd quarter worth approximately $664,000.

Texas Capital Government Money Market ETF Company Profile

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.