Democratic Large Cap Core ETF (NASDAQ:DEMZ) Trading Down 1.2% – Here’s What Happened

Democratic Large Cap Core ETF (NASDAQ:DEMZ)’s stock price was down 1.2% on Friday . The company traded as low as $43.86 and last traded at $43.86. Approximately 1,037 shares were traded during trading, a decline of 75% from the average daily volume of 4,160 shares. The stock had previously closed at $44.38.

Democratic Large Cap Core ETF Price Performance

The company has a market capitalization of $59.21 million, a price-to-earnings ratio of 28.63 and a beta of 1.04. The stock’s fifty day simple moving average is $42.37 and its two-hundred day simple moving average is $42.73.

Institutional Trading of Democratic Large Cap Core ETF

A hedge fund recently bought a new stake in Democratic Large Cap Core ETF stock. Bank of New Hampshire bought a new position in shares of Democratic Large Cap Core ETF (NASDAQ:DEMZ) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,625 shares of the company’s stock, valued at approximately $155,000. Bank of New Hampshire owned 0.28% of Democratic Large Cap Core ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Democratic Large Cap Core ETF

The Democratic Large Cap Core ETF (DEMZ) is an exchange-traded fund that is based on the Democratic Large Cap Core index. The fund tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates. DEMZ was launched on Nov 2, 2020 and is managed by RAM.