GraniteShares XOUT U.S. Large Cap ETF (NYSEARCA:XOUT) Shares Up 0.9% – Here’s Why

Shares of GraniteShares XOUT U.S. Large Cap ETF (NYSEARCA:XOUT) shot up 0.9% during mid-day trading on Thursday . The company traded as high as $57.79 and last traded at $57.43. 775 shares changed hands during trading, a decline of 91% from the average session volume of 8,205 shares. The stock had previously closed at $56.90.

GraniteShares XOUT U.S. Large Cap ETF Stock Performance

The stock’s fifty day simple moving average is $58.60 and its two-hundred day simple moving average is $55.50. The stock has a market capitalization of $56.06 million, a P/E ratio of 36.19 and a beta of 1.08.

GraniteShares XOUT U.S. Large Cap ETF Company Profile

The GraniteShares XOUT U.S. Large Cap ETF (XOUT) is an exchange-traded fund that is based on the XOUT US Large Cap TR index. The fund tracks a market-cap weighted index of US large-cap stocks selected based on a proprietary, quantitative scoring methodology excluding potentially underperforming companies.