Virtus KAR Mid-Cap ETF (NYSEARCA:KMID – Get Free Report) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 447 shares, a drop of 43.8% from the June 15th total of 795 shares. Based on an average daily trading volume, of 4,671 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.
Virtus KAR Mid-Cap ETF Stock Up 1.3%
Shares of Virtus KAR Mid-Cap ETF stock traded up $0.32 on Thursday, reaching $25.54. The stock had a trading volume of 7,339 shares, compared to its average volume of 10,990. The stock has a market capitalization of $47.25 million, a P/E ratio of 30.72 and a beta of 0.73. The company has a 50 day moving average price of $24.84 and a 200 day moving average price of $24.94. Virtus KAR Mid-Cap ETF has a 1 year low of $23.14 and a 1 year high of $26.03.
Hedge Funds Weigh In On Virtus KAR Mid-Cap ETF
Several institutional investors and hedge funds have recently bought and sold shares of KMID. Advisory Resource Group boosted its position in shares of Virtus KAR Mid-Cap ETF by 6.3% in the 4th quarter. Advisory Resource Group now owns 35,693 shares of the company’s stock worth $870,000 after purchasing an additional 2,119 shares in the last quarter. Stephens Inc. AR increased its position in Virtus KAR Mid-Cap ETF by 43.9% during the 1st quarter. Stephens Inc. AR now owns 12,430 shares of the company’s stock valued at $296,000 after buying an additional 3,795 shares in the last quarter. Keystone Financial Services LLC raised its stake in Virtus KAR Mid-Cap ETF by 2.7% in the fourth quarter. Keystone Financial Services LLC now owns 181,145 shares of the company’s stock valued at $4,416,000 after buying an additional 4,788 shares during the last quarter. World Investment Advisors purchased a new stake in Virtus KAR Mid-Cap ETF in the first quarter valued at about $242,000. Finally, Citadel Advisors LLC acquired a new stake in Virtus KAR Mid-Cap ETF in the third quarter worth about $504,000.
Virtus KAR Mid-Cap ETF Company Profile
The Virtus KAR Mid-Cap ETF (KMID) is an exchange-traded fund that mostly invests in mid cap equity. The fund is actively managed, investing in mid-cap companies with sustainable advantages, strong management, and low financial risk, primarily focusing on US stocks. The fund aims for long-term growth of capital. KMID was launched on Oct 15, 2024 and is issued by Virtus Investment Partners.
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