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

Democratic Large Cap Core ETF (NASDAQ:DEMZ) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $36.34 and traded as high as $37.85. Democratic Large Cap Core ETF shares last traded at $37.57, with a volume of 2,317 shares.

Democratic Large Cap Core ETF Stock Performance

The company’s 50 day moving average price is $36.42 and its 200-day moving average price is $35.18. The stock has a market cap of $40.80 million, a P/E ratio of 32.64 and a beta of 1.04.

Institutional Investors Weigh In On Democratic Large Cap Core ETF

A hedge fund recently bought a new stake in Democratic Large Cap Core ETF stock. Wedbush Securities Inc. bought a new stake in Democratic Large Cap Core ETF (NASDAQ:DEMZ) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 6,000 shares of the company’s stock, valued at approximately $206,000. Wedbush Securities Inc. owned approximately 0.57% of Democratic Large Cap Core ETF 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.