Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Shares Up 1.3% – Time to Buy?

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) shares shot up 1.3% during mid-day trading on Friday . The stock traded as high as $33.89 and last traded at $33.85. 4,386 shares were traded during trading, an increase of 57% from the average session volume of 2,801 shares. The stock had previously closed at $33.40.

Texas Capital Texas Equity Index ETF Stock Up 1.3 %

The firm has a fifty day moving average of $31.09 and a 200-day moving average of $29.79. The firm has a market cap of $26.54 million, a P/E ratio of 18.09 and a beta of 0.94.

Texas Capital Texas Equity Index ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, October 1st. Stockholders 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.

Hedge Funds Weigh In On Texas Capital Texas Equity Index ETF

A hedge fund recently bought a new stake in Texas Capital Texas Equity Index ETF stock. Astoria Portfolio Advisors LLC. bought a new position in shares of Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) in the 2nd quarter, according to its most recent 13F filing with the SEC. 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 at the end of the most recent quarter.

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.