Democracy International Fund (NYSEARCA:DMCY) Stock Price Down 0.4%

Democracy International Fund (NYSEARCA:DMCY) shares fell 0.4% on Wednesday . The company traded as low as $25.61 and last traded at $25.61. 2,794 shares traded hands during mid-day trading, an increase of 14% from the average session volume of 2,442 shares. The stock had previously closed at $25.71.

Democracy International Fund Price Performance

The firm’s 50 day simple moving average is $25.38 and its 200-day simple moving average is $24.41. The company has a market cap of $7.68 million, a price-to-earnings ratio of 13.91 and a beta of 0.84.

Institutional Investors Weigh In On Democracy International Fund

A hedge fund recently bought a new stake in Democracy International Fund stock. Kingsview Wealth Management LLC purchased a new position in shares of Democracy International Fund (NYSEARCA:DMCY) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 37,885 shares of the company’s stock, valued at approximately $934,000. Kingsview Wealth Management LLC owned 12.63% of Democracy International Fund at the end of the most recent reporting period.

About Democracy International Fund

The Democracy International Fund (DMCY) is an exchange-traded fund that is based on the Democracy Investments International index. The fund tracks an index of global, large- and mid-cap companies outside the US. The index aims to overweight investments in democratic countries while underweighting those in authoritarian countries.