FM Focus Equity ETF (FMCX)
FM Focus Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $37.53, up 0.00% on the session, giving a market capitalisation of $124.6M. Its beta of 0.99 implies it has historically moved less than the broad market.
This actively managed Exchange-Traded Fund (ETF) generally aims to invest in approximately 25 to 30 U.S. common stocks under normal market conditions. These equities are issued by companies listed on U.S. national securities exchanges and trade simultaneously with the fund's own shares. While the fund's adviser may choose to hold concentrated positions in common stocks, its internal rules stipulate that no individual investment should typically exceed 10% of the portfolio at the point of acquisition. This fund is classified as non-diversified.
FM Focus Equity ETF is most often compared with the following Financial Services names: