Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Trading 0.3% Higher – Time to Buy?

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) shares shot up 0.3% during trading on Monday . The company traded as high as $32.80 and last traded at $32.80. 4,199 shares were traded during trading, an increase of 41% from the average session volume of 2,986 shares. The stock had previously closed at $32.71.

Texas Capital Texas Equity Index ETF Price Performance

The stock has a market capitalization of $25.72 million, a price-to-earnings ratio of 18.09 and a beta of 0.94. The company has a 50-day simple moving average of $33.17 and a two-hundred day simple moving average of $31.06.

Texas Capital Texas Equity Index ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, October 1st. Investors of record on Thursday, September 26th were given a $0.0944 dividend. The ex-dividend date was Thursday, September 26th. This is an increase from Texas Capital Texas Equity Index ETF’s previous dividend of $0.08.

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.