FM Focus Equity ETF (FMCX)
| Assets | $102.14M |
| Expense Ratio | 0.70% |
| PE Ratio | 24.87 |
| Shares Out | 3.22M |
| Dividend (ttm) | $0.35 |
| Dividend Yield | 1.10% |
| Ex-Dividend Date | Jun 24, 2024 |
| Payout Ratio | 27.34% |
| 1-Year Return | +36.43% |
| Volume | 3 |
| Open | 30.95 |
| Previous Close | 29.39 |
| Day's Range | 30.95 - 31.85 |
| 52-Week Low | 22.87 |
| 52-Week High | 31.85 |
| Beta | 0.97 |
| Holdings | 61 |
| Inception Date | Apr 25, 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 25, 2022 and is issued by First Manhattan.
Top 10 Holdings
56.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 6.93% |
| UnitedHealth Group Incorporated | UNH | 6.84% |
| Brookfield Asset Management Ltd. | BAM | 6.79% |
| KKR & Co. Inc. | KKR | 6.14% |
| IAC Inc. | IAC | 5.35% |
| Berkshire Hathaway Inc. | BRK.A | 5.29% |
| Amazon.com, Inc. | AMZN | 5.01% |
| GoDaddy Inc. | GDDY | 4.98% |
| Microsoft Corporation | MSFT | 4.79% |
| Liberty Broadband Corporation | LBRDK | 4.24% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 ...