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Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowing for investment purposes) in equity securities of U.S. small- and mid-capitalization companies. The manager considers small- and mid-capitalization companies to be those companies having a market capitalization range within the range of companies comprising the Russell 2500 Index. The fund is non-diversified.
Is RSMC's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
JPMorgan Chase and Co. trimmed its stake in Rockefeller U.S. Small-Mid Cap ETF (NYSEARCA:RSMC) by 52.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 127,524 shares of the company's stock after selling 142,587 shares during the quarter.
Rockefeller U.S. Small-Mid Cap ETF (NYSEARCA:RSMC - Get Free Report) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 3,576 shares, a growth of 31.2% from the December 15th total of 2,725 shares. Based on an average daily trading volume, of 37,461 shares,
RSMC is a newly launched actively managed small/mid-cap fund comprised of 45 U.S. securities selected for their growth potential, provided they are priced reasonably. My analysis confirms RSMC delivers on growth, as its current holdings increased earnings per share by 12.90% over the last three years, compared to 4.82% for the Russell 2500 Index. However, RSMC's value features are relatively poor compared to three other small/mid-cap factor funds I selected as comparators. Overall, I don't think its factor mix is anything special.
Little-known China AI startup DeepSeek sent fear rippling throughout the markets this week by announcing major strides in its large language model technology at just a fraction of the cost of what many experts thought possible. That sparked a mini-collapse among big-cap tech stocks like Microsoft, Google, and Nvidia, which tumbled 20% at its low.
On Friday, Rockefeller Asset Management released its first equity ETF, the SMIDcap Rockefeller U.S. Small-Mid Cap ETF (RSMC). RSMC is an actively managed fund with a net expense ratio of 0.75%.