FM Focus Equity ETF (FMCX)
| Assets | $94.26M |
| Expense Ratio | 0.70% |
| PE Ratio | 29.98 |
| Shares Out | 3.22M |
| Dividend (ttm) | $0.66 |
| Dividend Yield | 2.22% |
| Ex-Dividend Date | Dec 16, 2024 |
| Payout Ratio | 71.58% |
| 1-Year Return | +5.44% |
| Volume | 5 |
| Open | 29.63 |
| Previous Close | 28.14 |
| Day's Range | 29.63 - 29.63 |
| 52-Week Low | 26.86 |
| 52-Week High | 33.00 |
| Beta | 0.98 |
| Holdings | 31 |
| Inception Date | Apr 22, 2022 |
About FMCX
Fund Home PageThe FM Focus Equity ETF (FMCX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that seeks long-term capital appreciation by targeting US-listed companies, selected using a research-intensive, bottom-up fundamental approach. The fund utilizes the Precidian non-transparent model. FMCX was launched on Apr 22, 2022 and is issued by First Manhattan.
Top 10 Holdings
52.99% of assets| Name | Symbol | Weight |
|---|---|---|
| KKR & Co. Inc. | KKR | 7.34% |
| Microsoft Corporation | MSFT | 6.21% |
| AspenTech Corporation | AZPN | 6.06% |
| Berkshire Hathaway Inc. | BRK.A | 5.86% |
| NICE Ltd ADR | NSY.DE | 4.94% |
| Lowe's Companies, Inc. | LOW | 4.80% |
| Take-Two Interactive Software, Inc. | TTWO | 4.69% |
| Salesforce, Inc. | CRM | 4.66% |
| Veralto Corporation | VLTO | 4.23% |
| General Electric Company | GE | 4.20% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $0.6283 | Dec 23, 2024 |
| Jun 24, 2024 | $0.0285 | Jul 1, 2024 |
| Dec 15, 2023 | $0.3205 | Dec 26, 2023 |
| Jun 23, 2023 | $0.0362 | Jul 3, 2023 |
| Dec 16, 2022 | $0.2539 | Dec 27, 2022 |
| Jun 24, 2022 | $0.0095 | Jul 5, 2022 |
News
FMCX: At 25.85x Forward Earnings, First Manhattan's Debut Active ETF Is Too Expensive
FMCX is a large-cap blend fund with a 0.70% expense ratio and $97 million in assets. Selecting only 25-30 U.S. stocks, FMCX is a portfolio of First Manhattan's highest-conviction ideas. The fund's por...
First Manhattan Co. Launches Inaugural Actively Managed ETF—FMC Excelsior Focus Equity ETF (Ticker: FMCX)
NEW YORK--(BUSINESS WIRE)--First Manhattan Co. (“First Manhattan”), an independently owned and operated investment advisory firm, today announced the launch of its inaugural exchange-traded fund, FMC ...