TCBI - Texas Capital launches its first Exchange Traded Fund
2023-07-13 07:29:40 ET
- Texas Capital Bancshares ( NASDAQ: TCBI ) unit Texas Capital Bank Private Wealth Advisors and the Texas Capital Funds Trust launched Texas Capital Texas Equity Index ETF (TXS), whereby the fund will track the performance of the Texas Capital Texas Equity Index, an index comprised exclusively of public companies headquartered in the state of Texas.
- The Index includes 216 publicly traded companies, with individual component weights determined first by sector and based on relative contribution to Texas’ reported Gross Domestic Product, and then by market capitalization.
- Source: Press Release
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Texas Capital launches its first Exchange Traded Fund