Bringing you live news and features since 2006 

Bringing you news, views and analysis since 2013

Argent Capital Management launches new actively managed Mid Cap ETF


Argent Capital Management has announced the launch of the Argent Mid Cap ETF, a transparent, actively managed ETF. The ETF is trading on the Nasdaq under the ticker symbol AMID.

The Argent Mid Cap ETF seeks long-term capital appreciation for its investors by using a blend of quantitative and fundamental research to identify good businesses undergoing internal or external positive change. This is the same investment strategy and philosophy as the company’s mid-cap strategy, started more than eight years ago. The strategy uses Argent’s proprietary quantitative tool, The Argent Alpha Model, to develop a concentrated and selective portfolio of 35-50 mid-cap stocks which exhibits high active share and low turnover.


“Mid-cap stocks have historically provided more growth potential than large-cap stocks,” says Steve Finerty, Chairman of Argent Capital, “with more price stability than small-cap stocks.”


The Argent Mid Cap ETF will be managed by Portfolio Manager Kirk McDonald, CFA. Kirk developed and began investing in the Mid Cap strategy in March of 2014.  “Our disciplined investment process focuses on owning the right businesses with a seasoned management team, strong balance sheet, above average cash flow, access to capital, and a long runway for growth,” says McDonald. “We buy them when we believe they are exhibiting positive change such as new management teams, new products, or a change in industry cycle.”


“We view the firms we invest in as our partners – they are businesses to us, not simply stocks, and our goal is to own them forever,” says McDonald. “We strive to stay ahead of the curve, serving the demands of the market and our current clients,” says Finerty. “Many of our clients are Registered Investment Advisors who prefer the ability to offer their investors the tax efficiency and convenience of ETFs.”


ETFs have become the investment vehicle choice of many, the firm says. “Each day more people are selecting ETFs as the building blocks for their portfolios,” says Finerty. “Argent is excited to provide a mid-cap ETF solution to meet the needs of our institutional and financial advisor clients.”


The fund’s adviser is ETF developer ETF Architect.


Latest News

Ossiam has announced the launch of a new ETF, the Ossiam Shiller Barclays CAPE Global Sector Value, listed on five..
VettaFi has announced that it is conducting a consultation with market participants on potential modifications to constituent criteria and weightings..
ETF data providers ETFGI report that assets invested in the global ETFs industry extended its lead over the global hedge..
New data from ETP provider GraniteShares, which offers a range of 3x short and 3x leveraged ETPs on popular UK,..

Related Articles

We are very pleased to open the voting for service providers (selected by nominations) and ETP issuers, selected by our data partners, Trackinsight, for the European ETF Express Awards, in...
Osprey Funds’ founder and CEO, Greg King, has written an open letter to Barry Silbert, majority owner of Digital Currency Group which owns Grayscale, suggesting that he uses his powers...
Comparing multifactor ETFs to the popular Marvel Avengers series may seem a bit of a stretch but recent analysis from Morningstar suggests the investment strategies have more in common with...
Canadian asset manager Mackenzie Investments, with CAD186.6 billion under management, has published its annual Mackenzie Investments Year-End ETF Report. ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by