Touchstone US Large Cap Focused ETF (BATS:LCF – Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 1,090 shares, a drop of 61.5% from the July 15th total of 2,834 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 678 shares, the short-interest ratio is currently 1.6 days.
Hedge Funds Weigh In On Touchstone US Large Cap Focused ETF
Several institutional investors have recently added to or reduced their stakes in LCF. Janney Montgomery Scott LLC boosted its holdings in shares of Touchstone US Large Cap Focused ETF by 1.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 21,000 shares of the company’s stock worth $824,000 after purchasing an additional 305 shares during the period. Moody National Bank Trust Division grew its holdings in shares of Touchstone US Large Cap Focused ETF by 9.2% in the second quarter. Moody National Bank Trust Division now owns 37,603 shares of the company’s stock worth $1,624,000 after purchasing an additional 3,160 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its stake in Touchstone US Large Cap Focused ETF by 14.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 200,706 shares of the company’s stock worth $8,485,000 after acquiring an additional 25,840 shares in the last quarter.
Touchstone US Large Cap Focused ETF Stock Performance
BATS LCF opened at $46.49 on Friday. The business’s fifty day moving average is $44.21 and its 200 day moving average is $42.80. The company has a market capitalization of $58.11 million, a PE ratio of 25.10 and a beta of 0.95. Touchstone US Large Cap Focused ETF has a fifty-two week low of $37.99 and a fifty-two week high of $46.87.
About Touchstone US Large Cap Focused ETF
The Touchstone US Large Cap Focused ETF (LCF) is an exchange-traded fund that mostly invests in large cap equity. The fund is a concentrated portfolio of US-listed large-cap stocks selected based on high conviction that the businesses have a sustainable competitive advantage or have a high barrier to entry in place. LCF was launched on Jul 27, 2022 and is managed by Touchstone.
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