MarketDesk Focused U.S. Momentum ETF (NASDAQ:FMTM) Trading 3.4% Higher – Here’s Why

Posted by ABMN Staff on Jul 22nd, 2026

MarketDesk Focused U.S. Momentum ETF (NASDAQ:FMTM – Get Free Report)’s share price shot up 3.4% during mid-day trading on Tuesday . The stock traded as high as $39.45 and last traded at $39.33. 137,091 shares were traded during trading, an increase of 15% from the average daily volume of 119,575 shares. The stock had previously closed at $38.03.

MarketDesk Focused U.S. Momentum ETF Trading Up 3.4%

The stock’s 50-day moving average price is $40.90 and its 200-day moving average price is $37.82. The stock has a market cap of $249.35 million, a price-to-earnings ratio of 29.38 and a beta of 0.82.

Institutional Investors Weigh In On MarketDesk Focused U.S. Momentum ETF

An institutional investor recently bought a new position in MarketDesk Focused U.S. Momentum ETF stock. Worth Asset Management LLC purchased a new stake in MarketDesk Focused U.S. Momentum ETF (NASDAQ:FMTM – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 4,805 shares of the company’s stock, valued at approximately $210,000. Worth Asset Management LLC owned 0.08% of MarketDesk Focused U.S. Momentum ETF as of its most recent filing with the Securities & Exchange Commission.

MarketDesk Focused U.S. Momentum ETF Company Profile

(Get Free Report)

EA Series Trust – MarketDesk Focused U.S. Momentum ETF is an exchange traded fund launched and managed by Empowered Funds, LLC. The fund is co-managed by Marketdesk Indices LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of companies across diversified market capitalization. The fund employs quantitative analysis to create its portfolio. The fund employs proprietary research to create its portfolio.