Touchstone US Large Cap Focused ETF (BATS:LCF – Get Free Report) was the target of a large growth in short interest during the month of 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. Based on an average daily trading volume, of 1,154 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.1% of the shares of the company are sold short.
Touchstone US Large Cap Focused ETF Price Performance
Shares of LCF opened at $44.88 on Friday. The company has a market capitalization of $56.10 million, a PE ratio of 25.10 and a beta of 0.95. Touchstone US Large Cap Focused ETF has a one year low of $37.99 and a one year high of $47.03. The company’s fifty day moving average price is $46.17 and its 200 day moving average price is $43.70.
Institutional Investors Weigh In On Touchstone US Large Cap Focused ETF
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Moody National Bank Trust Division bought a new position in shares of Touchstone US Large Cap Focused ETF in the third quarter worth about $1,904,000. Janney Montgomery Scott LLC lifted its position in shares of Touchstone US Large Cap Focused ETF by 1.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 21,000 shares of the company’s stock worth $824,000 after purchasing an additional 305 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its position in shares of Touchstone US Large Cap Focused ETF by 8.5% during the 3rd quarter. International Assets Investment Management LLC now owns 3,038 shares of the company’s stock worth $139,000 after purchasing an additional 238 shares during the last quarter.
Touchstone US Large Cap Focused ETF Company Profile
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.
See Also
- Five stocks we like better than Touchstone US Large Cap Focused ETF
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for Touchstone US Large Cap Focused ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Touchstone US Large Cap Focused ETF and related companies with MarketBeat.com's FREE daily email newsletter.
