Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) Trading 1.8% Higher – Should You Buy?

Shares of Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) traded up 1.8% on Thursday . The stock traded as high as $24.02 and last traded at $23.98. 19,449 shares were traded during mid-day trading, a decline of 72% from the average session volume of 69,418 shares. The stock had previously closed at $23.56.

Defiance Large Cap ex-Mag 7 ETF Price Performance

The stock has a market cap of $136.21 million, a PE ratio of 22.97 and a beta of 0.82. The company has a 50 day moving average price of $22.93 and a two-hundred day moving average price of $22.74.

Institutional Trading of 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 stake in shares of Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,397 shares of the company’s stock, valued at approximately $164,000. Cornerstone Planning Group LLC owned about 0.32% of Defiance Large Cap ex-Mag 7 ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.