Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Stock Price Up 1.3% – Here’s Why

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

Texas Capital Texas Equity Index ETF Stock Performance

The business has a 50 day moving average price of $31.09 and a two-hundred day moving average price of $29.81. The company 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 company also recently declared a dividend, which was paid on Tuesday, October 1st. Stockholders of record on Thursday, September 26th were issued a dividend of $0.0944 per share. This is a boost from Texas Capital Texas Equity Index ETF’s previous dividend of $0.08. The ex-dividend date was Thursday, September 26th.

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 second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (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 as of its most recent SEC filing.

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.