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

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

Texas Capital Texas Equity Index ETF Price Performance

The business’s 50-day simple moving average is $32.35 and its 200-day simple moving average is $30.49. The company has a market cap of $27.08 million, a price-to-earnings ratio of 18.09 and a beta of 0.94.

Texas Capital Texas Equity Index ETF Increases Dividend

The business also recently announced 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 Investors Weigh In On Texas Capital Texas Equity Index ETF

An institutional investor recently bought a new position in Texas Capital Texas Equity Index ETF stock. Astoria Portfolio Advisors LLC. bought a new position in Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 7,983 shares of the company’s stock, valued at approximately $233,000. Astoria Portfolio Advisors LLC. owned 1.02% of Texas Capital Texas Equity Index ETF as of its most recent filing with the Securities and Exchange Commission.

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.