Steel Grove Capital Advisors LLC Purchases 36,875 Shares of Defiance Large Cap ex-Mag 7 ETF $XMAG

Steel Grove Capital Advisors LLC acquired a new position in shares of Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 36,875 shares of the company’s stock, valued at approximately $936,000. Steel Grove Capital Advisors LLC owned 0.48% of Defiance Large Cap ex-Mag 7 ETF as of its most recent SEC filing.

Defiance Large Cap ex-Mag 7 ETF Stock Performance

NASDAQ:XMAG traded down $0.17 during mid-day trading on Tuesday, hitting $25.71. The company had a trading volume of 11,641 shares, compared to its average volume of 68,611. Defiance Large Cap ex-Mag 7 ETF has a fifty-two week low of $21.57 and a fifty-two week high of $26.92. The business’s fifty day moving average is $25.92 and its two-hundred day moving average is $25.03. The firm has a market cap of $198.50 million, a P/E ratio of 22.97 and a beta of 0.81.

Defiance Large Cap ex-Mag 7 ETF Company Profile

The Defiance Large Cap ex-Mag 7 ETF (XMAG) is an exchange-traded fund that is based on the BITA US 500 ex-Magnificent 7 index. The fund tracks an index that provides exposure to large-cap stocks in the US, excluding the seven largest technology stocks. The strategy aims to mitigate the overconcentration and volatility of a select few stocks XMAG was launched on Oct 21, 2024 and is issued by Defiance.