Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Stock Price Up 2.6% – Still a Buy?

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) shares traded up 2.6% during mid-day trading on Friday . The stock traded as high as $38.22 and last traded at $38.22. 3,092 shares were traded during mid-day trading, a decline of 3% from the average session volume of 3,192 shares. The stock had previously closed at $37.26.

Texas Capital Texas Equity Index ETF Stock Up 2.6%

The firm has a fifty day moving average price of $36.56 and a 200 day moving average price of $35.99. The company has a market cap of $33.63 million, a P/E ratio of 20.54 and a beta of 1.06.

Texas Capital Texas Equity Index ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were paid a dividend of $0.081 per share. This is a boost from Texas Capital Texas Equity Index ETF’s previous quarterly dividend of $0.08. This represents a $0.32 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, December 29th.

Institutional Trading of Texas Capital Texas Equity Index ETF

Institutional investors have recently bought and sold shares of the company. Ameritas Advisory Services LLC acquired a new stake in Texas Capital Texas Equity Index ETF during the 2nd quarter worth about $35,000. Astoria Portfolio Advisors LLC. boosted its position in shares of Texas Capital Texas Equity Index ETF by 42.1% during the 2nd quarter. Astoria Portfolio Advisors LLC. now owns 30,733 shares of the company’s stock valued at $1,068,000 after purchasing an additional 9,107 shares in the last quarter. Concorde Financial Corp acquired a new stake in Texas Capital Texas Equity Index ETF during the second quarter worth approximately $104,000. U.S. Capital Wealth Advisors LLC increased its holdings in Texas Capital Texas Equity Index ETF by 29.6% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 30,828 shares of the company’s stock worth $1,130,000 after purchasing an additional 7,045 shares in the last quarter. Finally, Optima Capital LLC bought a new stake in Texas Capital Texas Equity Index ETF in the fourth quarter worth approximately $37,000.

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.