Touchstone US Large Cap Focused ETF (BATS:LCF – Get Free Report) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 875 shares, a growth of 178.7% from the September 30th total of 314 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,154 shares, the short-interest ratio is currently 0.8 days.
Institutional Investors Weigh In On Touchstone US Large Cap Focused ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Moody National Bank Trust Division purchased a new stake in shares of Touchstone US Large Cap Focused ETF during the 3rd quarter worth approximately $1,904,000. International Assets Investment Management LLC grew its holdings in shares of Touchstone US Large Cap Focused ETF by 8.5% in the 3rd quarter. International Assets Investment Management LLC now owns 3,038 shares of the company’s stock worth $139,000 after acquiring an additional 238 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in Touchstone US Large Cap Focused ETF by 1.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 21,000 shares of the company’s stock valued at $824,000 after purchasing an additional 305 shares in the last quarter.
Touchstone US Large Cap Focused ETF Trading Up 0.1%
Shares of LCF opened at $45.71 on Thursday. The firm’s 50-day moving average is $46.20 and its two-hundred day moving average is $43.68. Touchstone US Large Cap Focused ETF has a twelve month low of $37.99 and a twelve month high of $47.03. The firm has a market capitalization of $57.14 million, a P/E ratio of 25.10 and a beta of 0.95.
About Touchstone US Large Cap Focused ETF
The Touchstone US Large Cap Focused ETF (LCF) is an exchange-traded fund that mostly invests in large cap equity. The fund is a concentrated portfolio of US-listed large-cap stocks selected based on high conviction that the businesses have a sustainable competitive advantage or have a high barrier to entry in place. LCF was launched on Jul 27, 2022 and is managed by Touchstone.
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