Democratic Large Cap Core ETF (NASDAQ:DEMZ) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Shares of Democratic Large Cap Core ETF (NASDAQ:DEMZ) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $35.86 and traded as high as $36.70. Democratic Large Cap Core ETF shares last traded at $36.73, with a volume of 865 shares changing hands.

Democratic Large Cap Core ETF Trading Up 1.3 %

The company has a market capitalization of $39.67 million, a price-to-earnings ratio of 32.64 and a beta of 1.04. The firm’s 50-day moving average price is $35.86 and its 200 day moving average price is $34.72.

Institutional Investors Weigh In On Democratic Large Cap Core ETF

An institutional investor recently bought a new position in Democratic Large Cap Core ETF stock. Wedbush Securities Inc. bought a new stake in Democratic Large Cap Core ETF (NASDAQ:DEMZ) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,000 shares of the company’s stock, valued at approximately $206,000. Wedbush Securities Inc. owned about 0.57% of Democratic Large Cap Core ETF as of its most recent SEC filing.

About Democratic Large Cap Core ETF

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.