Democratic Large Cap Core ETF (NASDAQ:DEMZ) Stock Price Up 0.4% – Here’s What Happened

Democratic Large Cap Core ETF (NASDAQ:DEMZ)’s share price rose 0.4% during mid-day trading on Friday . The company traded as high as $46.80 and last traded at $46.80. Approximately 1,831 shares were traded during mid-day trading, a decline of 51% from the average session volume of 3,743 shares. The stock had previously closed at $46.62.

Democratic Large Cap Core ETF Trading Up 0.4%

The company’s fifty day moving average is $46.51 and its 200 day moving average is $44.08. The company has a market cap of $65.52 million, a P/E ratio of 28.63 and a beta of 1.03.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Democratic Large Cap Core ETF stock. Envestnet Portfolio Solutions Inc. increased its stake in Democratic Large Cap Core ETF (NASDAQ:DEMZ) by 64.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 100,109 shares of the company’s stock after acquiring an additional 39,158 shares during the period. Envestnet Portfolio Solutions Inc. owned about 7.70% of Democratic Large Cap Core ETF worth $4,271,000 as of its most recent SEC filing.

Democratic Large Cap Core ETF Company Profile

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.