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Business Wire (Thu, 30-Apr 9:01 AM ET)
The Russell Midcap Growth Index is a market capitalization-weighted index designed to measure the performance of the mid-cap growth segment of the U.S. equity market. It includes those Russell MidCap Index companies with higher price-to-book ratios and higher forecasted growth values. The Russell Midcap Growth Index applies a capping methodology. Index constituents are capped quarterly so that no more than 22.5% of the index weight may be allocated to a single constituent, and the sum of the weights of all constituents representing more than 4.5% of the index should not exceed 45% of the total index weight. Generally utilizing a research-driven approach identifying long-term drivers of stock returns that may include, but are not limited to, valuation, growth, quality, and other factors. The research is systematically applied alongside a proprietary portfolio construction and risk management framework to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the Russell Midcap Growth Index.
Fidelity Enhanced Mid Cap Growth ETF trades on the ARCA stock market under the symbol FEMG.
As of May 13, 2026, FEMG stock price declined to $25.00 with 637 million shares trading.
FEMG has a market cap of $5.00 million. This is considered a Sub-Micro Cap stock.
FEMG support price is $24.93 and resistance is $25.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FEMG shares will trade within this expected range on the day.
