Argent Mid Cap ETF (NASDAQ: AMID - Get Free Report) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 10,531 shares, an increase of 1,317.4% from the March 31st total of 743 shares. Based on an average daily volume of 8,290
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Kimberly Cappellano Private Wealth Asset Management LLC | 170 | $5,353 | $6,084.3 | $731.3 | 13.66% |
Michael Byun SageView Advisory Group LLC | 804 | $26,960 | $28,903.8 | $1,943.8 | 7.21% |
Uptick Partners LLC UPTICK PARTNERS, LLC | 6,932 | $232,445.96 | $249,586.66 | $17,140.7 | 7.37% |
Chandler te Velde Maia Wealth LLC | 71,325 | $2.49M | $2.56M | $70,225.21 | 2.82% |
| MAS MPWM Advisory Solutions LLC MPWM Advisory Solutions LLC | 189 | $6,450 | $6,755.8 | $305.8 | 4.74% |
| NASDAQ (NMS) Exchange | US Country |
The fund is an actively managed Exchange-Traded Fund (ETF) that focuses on investing in the equity securities of mid-capitalization companies. These companies typically fall within the market capitalization range defined by the Russell MidCap Index. The investment strategy centers on identifying companies that the Sub-Adviser believes are currently experiencing positive internal changes, such as improvements in management, operational efficiencies, or product innovations. Additionally, it also considers external changes like shifts in market conditions, regulatory environments, or broader economic trends that could enhance the growth potential of these companies.
This product is designed to offer investors the opportunity to gain exposure to mid-cap companies through an actively managed approach. Unlike traditional index funds that passively track market indices, this ETF aims to outperform by actively selecting and managing investments based on research and market analysis.
The fund specifically targets equity securities of mid-cap companies, which are defined by their market capitalization. These companies are often considered to have significant growth potential while being less volatile than their large-cap counterparts. The focus on mid-cap stocks allows investors to tap into a segment of the market that may provide greater opportunities for capital appreciation.
The Sub-Adviser employs a systematic research process to identify companies undergoing positive changes. This includes analyzing financial metrics, market conditions, and industry trends to find companies that are poised for growth. The goal is to make informed investment decisions that can adapt to changing market dynamics.
The strategy emphasizes investing in companies that are either making significant internal improvements, such as enhanced management practices and operational efficiencies, or are benefitting from favorable external developments, like market trends or regulatory changes. This dual focus aims to maximize potential upside while mitigating risks associated with investment volatility.
The fund's actively managed nature allows for dynamic asset allocation that can adapt to market conditions. As the Sub-Adviser identifies new opportunities or risks, the fund's allocation can shift in response, ensuring that the portfolio remains aligned with the overall investment strategy and objectives.
This ETF provides investors with easy access to a portfolio of mid-cap stocks through a single investment vehicle. Being listed on exchanges allows for the convenience of trading like a stock, offering liquidity and flexibility for investors looking to enter or exit positions swiftly based on market conditions.