Symmetry Panoramic Sector Momentum ETF (SMOM) Stock Price, Quote, News & History | Benzinga

to achieve its investment objective by allocating its assets primarily among (i) shares of ETFs that each focus on common stocks of companies included in an individual sector of the U.S. large capitalization universe, as such sectors are determined by the Global Industry Classification Standard (GICS) (each, an Equity Sector and collectively, the Equity Sectors) (each such ETF, an Underlying Fund) and/or (ii) common stocks of companies included in the Equity Sectors. The Adviser considers the U.S. large capitalization universe to include companies that comprise the top 90 percent of the total U.S. market capitalization or whose market capitalizations are equal to or greater than the 1,000th largest U.S. company. The Adviser generally defines a U.S. company as one that is listed and principally traded on a securities exchange in the U.S. that is deemed appropriate by the Adviser. Total U.S. market capitalization is based on the market capitalization of eligible U.S. operating companies listed on such exchanges. Each Underlying Fund is an index fund that seeks to track a specific Equity Sector index by replicating the securities in the underlying Equity Sector index.