
This exchange-traded fund (ETF) primarily invests in the equity of approximately 400 medium-sized American enterprises, mirroring the composition of the S&P MidCap 400 Index. Its core objective is to closely emulate the performance of this index, which serves as a widely recognized benchmark for the broader U.S. mid-capitalization stock market. While offering significant potential for capital appreciation, this ETF's share value can fluctuate more dramatically than investments in bond funds, reflecting its higher-growth, higher-risk profile. Consequently, it is generally best suited for investors with long-term financial objectives for whom substantial monetary growth is a key priority. On March 14, 2023, the ETF executed a 2-for-1 share split. This corporate action effectively halved the price per share while simultaneously doubling the total number of outstanding shares. It's important to note that historical share price data typically does not reflect this split, unless explicitly stated as market data that has been adjusted accordingly. Regardless of how pre- and post-split prices might be displayed in certain datasets, the overall investment returns remain unaffected by this event.
| Symbol | Name | Weight | Market Value |
|---|---|---|---|
| FLEX | Flex Ltd | 1.58% | $88.46M |
| TWLO | Twilio Inc | 0.82% | $46.12M |
| FTI | TechnipFMC PLC | 0.79% | $44.16M |
| CW | Curtiss-Wright Corp | 0.78% | $43.99M |
| NVT | nVent Electric PLC | 0.77% | $43.00M |
| STRL | Sterling Infrastructure Inc | 0.75% | $42.20M |
| XPO | XPO Inc | 0.71% | $40.05M |
| P | Everpure Inc | 0.71% | $39.80M |
| ILMN | Illumina Inc | 0.71% | $39.76M |
| UTHR | United Therapeutics Corp | 0.68% | $38.26M |
| ATI | ATI Inc | 0.68% | $37.97M |
| MTSI | MACOM Technology Solutions Holdings Inc | 0.67% | $37.53M |
| FN | Fabrinet | 0.67% | $37.40M |
| CRS | Carpenter Technology Corp | 0.66% | $37.28M |
| NXT | Nextpower Inc | 0.66% | $37.05M |
| MTZ | MasTec Inc | 0.66% | $37.03M |
| MKSI | MKS Inc | 0.62% | $34.75M |
| ENTG | Entegris Inc | 0.60% | $33.66M |
| OKTA | Okta Inc | 0.59% | $33.34M |
| WWD | Woodward Inc | 0.59% | $33.30M |
| BURL | Burlington Stores Inc | 0.57% | $32.13M |
| LSCC | Lattice Semiconductor Corp | 0.57% | $32.10M |
| AA | Alcoa Corp | 0.57% | $32.08M |
| RS | Reliance Inc | 0.57% | $31.77M |
| RBA | RB Global Inc | 0.56% | $31.51M |