Touchstone US Large Cap Focused ETF (BATS:LCF – Get Free Report) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 2,084 shares, a decline of 38.5% from the June 15th total of 3,388 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 1,062 shares, the short-interest ratio is currently 2.0 days.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC boosted its holdings in shares of Touchstone US Large Cap Focused ETF by 1.5% during the first 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. Moody National Bank Trust Division increased its stake in Touchstone US Large Cap Focused ETF by 9.8% in the fourth quarter. Moody National Bank Trust Division now owns 29,129 shares of the company’s stock valued at $1,231,000 after purchasing an additional 2,588 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its stake in Touchstone US Large Cap Focused ETF by 14.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 200,706 shares of the company’s stock valued at $8,485,000 after purchasing an additional 25,840 shares during the last quarter.
Touchstone US Large Cap Focused ETF Stock Performance
Shares of LCF opened at $44.89 on Thursday. Touchstone US Large Cap Focused ETF has a 1 year low of $37.99 and a 1 year high of $44.89. The company’s 50 day simple moving average is $43.74 and its 200 day simple moving average is $42.40. The company has a market capitalization of $56.11 million, a price-to-earnings 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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