36,875 Shares in Defiance Large Cap ex-Mag 7 ETF $XMAG Purchased by Steel Grove Capital Advisors LLC

Steel Grove Capital Advisors LLC acquired a new stake in shares of Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 36,875 shares of the company’s stock, valued at approximately $936,000.

Defiance Large Cap ex-Mag 7 ETF Price Performance

XMAG traded down $0.17 during mid-day trading on Tuesday, hitting $25.71. The stock had a trading volume of 11,641 shares, compared to its average volume of 68,611. The stock’s fifty day simple moving average is $25.92 and its 200-day simple moving average is $25.03. The firm has a market capitalization of $198.50 million, a price-to-earnings ratio of 22.97 and a beta of 0.81. Defiance Large Cap ex-Mag 7 ETF has a 1-year low of $21.57 and a 1-year high of $26.92.

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.