Texas Capital Government Money Market ETF (NYSEARCA:MMKT) Shares Up 0% – Should You Buy?

Texas Capital Government Money Market ETF (NYSEARCA:MMKT) shares rose 0% on Wednesday . The stock traded as high as $100.23 and last traded at $100.23. Approximately 1,750 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 10,761 shares. The stock had previously closed at $100.22.

Texas Capital Government Money Market ETF Stock Performance

The company’s 50 day moving average is $100.22 and its 200 day moving average is $100.23.

Institutional Inflows and Outflows

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

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.