Larson Financial Group LLC Invests $33,000 in Texas Capital Government Money Market ETF (NYSEARCA:MMKT)

Larson Financial Group LLC acquired a new position in Texas Capital Government Money Market ETF (NYSEARCA:MMKT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 332 shares of the company’s stock, valued at approximately $33,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MMKT. Jane Street Group LLC purchased a new position in shares of Texas Capital Government Money Market ETF in the 3rd quarter worth about $2,452,000. VisionPoint Advisory Group LLC purchased a new position in shares of Texas Capital Government Money Market ETF in the 4th quarter worth about $798,000. Finally, Beacon Harbor Wealth Advisors Inc. purchased a new position in shares of Texas Capital Government Money Market ETF in the 4th quarter worth about $1,360,000.

Texas Capital Government Money Market ETF Price Performance

MMKT opened at $100.26 on Friday. The business has a 50-day moving average price of $100.32. Texas Capital Government Money Market ETF has a 12-month low of $100.00 and a 12-month high of $100.54.

Texas Capital Government Money Market ETF Profile

The Texas Capital Government Money Market ETF (MMKT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US government money market instruments, particularly overnight repurchase agreements with short-term maturities. The fund aims to balance income, liquidity, and capital preservation.