Democratic Large Cap Core ETF (NASDAQ:DEMZ) Trading Down 1.2% – Here’s What Happened

Democratic Large Cap Core ETF (NASDAQ:DEMZ)’s share price was down 1.2% during trading on Friday . The stock traded as low as $43.86 and last traded at $43.86. Approximately 1,037 shares were traded during trading, a decline of 75% from the average daily volume of 4,160 shares. The stock had previously closed at $44.38.

Democratic Large Cap Core ETF Stock Down 1.2%

The firm’s 50-day moving average price is $42.37 and its 200 day moving average price is $42.73. The firm has a market cap of $59.21 million, a P/E ratio of 28.63 and a beta of 1.04.

Hedge Funds Weigh In On Democratic Large Cap Core ETF

A hedge fund recently raised its stake in Democratic Large Cap Core ETF stock. Envestnet Portfolio Solutions Inc. lifted its position in shares of Democratic Large Cap Core ETF (NASDAQ:DEMZ) by 64.2% in the 4th quarter, according to its most recent disclosure with the SEC. 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 7.70% of Democratic Large Cap Core ETF worth $4,271,000 as of its most recent filing with the SEC.

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.