Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Trading Down 1% – Here’s Why

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS)’s stock price dropped 1% during trading on Monday . The stock traded as low as $34.54 and last traded at $34.54. Approximately 3,410 shares changed hands during mid-day trading, an increase of 16% from the average daily volume of 2,948 shares. The stock had previously closed at $34.88.

Texas Capital Texas Equity Index ETF Stock Performance

The firm’s 50 day moving average price is $32.47 and its 200-day moving average price is $30.57. The firm has a market capitalization of $26.98 million, a PE ratio of 18.09 and a beta of 0.94.

Texas Capital Texas Equity Index ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, October 1st. Investors of record on Thursday, September 26th were paid a $0.0944 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from Texas Capital Texas Equity Index ETF’s previous dividend of $0.08.

Institutional Trading of Texas Capital Texas Equity Index ETF

An institutional investor recently raised its position in Texas Capital Texas Equity Index ETF stock. U.S. Capital Wealth Advisors LLC lifted its position in shares of Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) by 36.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,661 shares of the company’s stock after buying an additional 4,678 shares during the period. U.S. Capital Wealth Advisors LLC owned approximately 2.25% of Texas Capital Texas Equity Index ETF worth $516,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Texas Capital Texas Equity Index ETF Company Profile

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.