Virtus KAR Mid-Cap ETF (NYSEARCA:KMID – Get Free Report) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 502 shares, a decrease of 80.4% from the May 14th total of 2,557 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 5,184 shares, the short-interest ratio is presently 0.1 days.
Virtus KAR Mid-Cap ETF Stock Performance
Shares of KMID stock traded up $0.08 on Friday, hitting $25.09. 4,001 shares of the stock traded hands, compared to its average volume of 11,538. The firm’s 50-day moving average price is $24.81 and its two-hundred day moving average price is $24.83. The stock has a market capitalization of $43.41 million, a PE ratio of 30.72 and a beta of 0.75. Virtus KAR Mid-Cap ETF has a twelve month low of $23.14 and a twelve month high of $26.03.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of KMID. CLG LLC acquired a new stake in shares of Virtus KAR Mid-Cap ETF during the 2nd quarter worth about $1,657,000. Allegheny Financial Group increased its position in shares of Virtus KAR Mid-Cap ETF by 125.8% during the 3rd quarter. Allegheny Financial Group now owns 158,500 shares of the company’s stock worth $3,910,000 after purchasing an additional 88,317 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Virtus KAR Mid-Cap ETF by 12,943.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 9,261 shares of the company’s stock worth $228,000 after purchasing an additional 9,190 shares during the last quarter. Citadel Advisors LLC purchased a new position in shares of Virtus KAR Mid-Cap ETF during the 3rd quarter worth approximately $504,000. Finally, Keystone Financial Services LLC boosted its position in shares of Virtus KAR Mid-Cap ETF by 2.7% during the 4th quarter. Keystone Financial Services LLC now owns 181,145 shares of the company’s stock worth $4,416,000 after purchasing an additional 4,788 shares during the period.
Virtus KAR Mid-Cap ETF Company Profile
The Virtus KAR Mid-Cap ETF (KMID) is an exchange-traded fund that mostly invests in mid cap equity. The fund is actively managed, investing in mid-cap companies with sustainable advantages, strong management, and low financial risk, primarily focusing on US stocks. The fund aims for long-term growth of capital. KMID was launched on Oct 15, 2024 and is issued by Virtus Investment Partners.
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