Shares of GraniteShares XOUT U.S. Large Cap ETF (NYSEARCA:XOUT) saw a 1.2% increase in trading on Monday, reaching a high of $49.47. The company has a market capitalization of $56.89 million, with a price-to-earnings ratio of 37.07 and a beta of 1.32. Institutional investors have shown interest in the stock, with hedge funds like Fulcrum Equity Management and Advisor Resource Council acquiring stakes in the company.
GraniteShares XOUT U.S. Large Cap ETF is an exchange-traded fund that tracks the XOUT US Large Cap TR index, which consists of US large-cap stocks selected based on a proprietary scoring methodology. This methodology excludes potentially underperforming companies, making it an attractive option for investors looking to mitigate risk in their portfolios.
Overall, GraniteShares XOUT U.S. Large Cap ETF has shown promise in the market, with steady growth and interest from institutional investors. DailyBubble sees potential in this ETF for investors looking for a diversified approach to large-cap investing.