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Monarch ProCap Index ETF - MPRO STOCK NEWS

Welcome to our dedicated page for Monarch ProCap Index ETF news (Ticker: MPRO), a resource for investors and traders seeking the latest updates and insights on Monarch ProCap Index ETF stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Monarch ProCap Index ETF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Monarch ProCap Index ETF's position in the market.

Rhea-AI Summary

First Manhattan Co. has launched its first exchange-traded fund, the FMC Excelsior Focus Equity ETF (FMCX). This actively managed ETF focuses on high-conviction investment ideas based on First Manhattan's rigorous research. The fund will invest in 25 to 30 U.S. equities, limiting individual holdings to no more than 10% of the portfolio. The annual expense ratio is set at 0.70%. This move follows a partnership with Precidian Investments to utilize the ActiveShares® ETF structure, allowing First Manhattan to manage active investments without daily holdings disclosure.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
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FAQ

What is the current stock price of Monarch ProCap Index ETF (MPRO)?

The current stock price of Monarch ProCap Index ETF (MPRO) is $26.6743 as of April 16, 2024.

Monarch ProCap Index ETF

NYSE:MPRO

MPRO Rankings

MPRO Stock Data

4.38M
United States of America