Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) Stock Price Up 0.8% – Should You Buy?

Shares of Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) were up 0.8% on Friday . The company traded as high as $24.78 and last traded at $24.71. Approximately 23,366 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 62,232 shares. The stock had previously closed at $24.51.

Defiance Large Cap ex-Mag 7 ETF Trading Up 0.8%

The stock has a market capitalization of $140.35 million, a P/E ratio of 22.97 and a beta of 0.82. The company’s 50-day moving average is $23.28 and its two-hundred day moving average is $22.94.

Institutional Investors Weigh In On Defiance Large Cap ex-Mag 7 ETF

An institutional investor recently bought a new position in Defiance Large Cap ex-Mag 7 ETF stock. Cornerstone Planning Group LLC acquired a new position in shares of Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 7,397 shares of the company’s stock, valued at approximately $164,000. Cornerstone Planning Group LLC owned 0.32% of Defiance Large Cap ex-Mag 7 ETF at the end of the most recent quarter.

Defiance Large Cap ex-Mag 7 ETF Company Profile

The Defiance Large Cap ex-Mag 7 ETF (XMAG) is an exchange-traded fund that is based on the BITA US 500 ex-Magnificent 7 index. The fund tracks an index that provides exposure to large-cap stocks in the US, excluding the seven largest technology stocks. The strategy aims to mitigate the overconcentration and volatility of a select few stocks XMAG was launched on Oct 21, 2024 and is issued by Defiance.