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

Democratic Large Cap Core ETF (NASDAQ:DEMZ)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 Price Performance

The stock has a market cap of $39.86 million, a PE ratio of 32.64 and a beta of 1.04. The stock has a 50-day simple moving average of $35.93 and a 200-day simple moving average of $34.77.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Democratic Large Cap Core ETF stock. Wedbush Securities Inc. acquired a new position in Democratic Large Cap Core ETF (NASDAQ:DEMZ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 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.

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.