AMID

Argent Mid Cap ETF

$33.68
+0.00%
Market closed. Last update: 11:41 PM ET

📎 Investment Objective

The Argent Mid Cap ETF (AMID) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Argent Mid Cap Index, which tracks the performance of mid-capitalization U.S. equities.

Overview

ETF tracking Argent Mid Cap ETF

Category Mid Cap
Issuer Other
Inception Date 2022-08-17
Market Cap $106.6M
Average Volume N/A
Dividend Yield 0.34%
52-Week Range $28.73 - $37.60
VWAP $33.68

Performance

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Investment Summary

📎 Investment Objective

The Argent Mid Cap ETF (AMID) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Argent Mid Cap Index, which tracks the performance of mid-capitalization U.S. equities.

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the underlying index. It invests in a representative sample of securities included in the index to seek to achieve its investment objective.

✨ Key Features

  • Provides exposure to a diversified portfolio of mid-cap U.S. stocks
  • Seeks to track the performance of the Argent Mid Cap Index
  • Employs a passive, index-tracking investment strategy
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors
  • Tracking error risk: The ETF may not perfectly track the performance of the underlying index
  • Mid-cap stock risk: Investments in mid-cap companies may be subject to more abrupt or erratic market movements than those of larger, more established companies
  • Passive investment risk: The ETF is not actively managed, so it may not respond to market changes as effectively as an actively managed fund

👤 Best For

The Argent Mid Cap ETF may be suitable for investors seeking broad exposure to the mid-cap segment of the U.S. equity market as part of a diversified portfolio. It may be appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.