Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Trading Up 0.8% – Time to Buy?

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) was up 0.8% during trading on Tuesday . The company traded as high as $39.78 and last traded at $39.73. Approximately 596 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 3,003 shares. The stock had previously closed at $39.43.

Texas Capital Texas Equity Index ETF Stock Up 0.8%

The business has a 50-day simple moving average of $38.35 and a two-hundred day simple moving average of $37.19. The company has a market cap of $34.17 million, a price-to-earnings ratio of 20.54 and a beta of 0.90.

Institutional Trading of Texas Capital Texas Equity Index ETF

A hedge fund recently bought a new stake in Texas Capital Texas Equity Index ETF stock. Optima Capital LLC purchased a new position in Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,034 shares of the company’s stock, valued at approximately $37,000. Optima Capital LLC owned about 0.12% of Texas Capital Texas Equity Index ETF at the end of the most recent reporting 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.