Here’s Why Artisan Small Cap Fund Trimmed Floor & Decor Holdings (FND)
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Artisan Small Cap Fund trimmed its position in Floor & Decor Holdings (FND) due to valuation concerns. The fund highlighted that FND sells hard-surface flooring in the US and has performed well, but it decided to trim its position based on valuation discipline. FND is a multi-channel specialty retailer of hard surface flooring and related accessories. The one-month return of FND was 3.95%, and its shares gained 24.42% of their value over the last 52 weeks. As of May 28, 2024, FND stock closed at $113.61 per share with a market capitalization of $12.158 billion. In the first quarter of 2024, Artisan Small Cap Fund's Investor Class fund returned 9.43%, Advisor Class fund returned 9.42%, and Institutional Class fund returned 9.48%, compared to a return of 7.58% for the Russell 2000 Growth Index.
#ArtisanSmallCapFund #Floor&DecorHoldings #Fnd #Valuation
https://finance.yahoo.com/news/why-artisan-small-cap-fund-104340185.html
Yahoo Finance /
npub1j0e…3yhd
2024-05-29 13:39:31
Author Public Key
npub1j0e6zhr82q4par2f4ecr67zvj0ltv8qgqr8v3llw2ed6qvdrm4fs9s3yhdPublished at
2024-05-29 13:39:31Event JSON
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"content": "Here’s Why Artisan Small Cap Fund Trimmed Floor \u0026 Decor Holdings (FND)\n==========\n\nArtisan Small Cap Fund trimmed its position in Floor \u0026 Decor Holdings (FND) due to valuation concerns. The fund highlighted that FND sells hard-surface flooring in the US and has performed well, but it decided to trim its position based on valuation discipline. FND is a multi-channel specialty retailer of hard surface flooring and related accessories. The one-month return of FND was 3.95%, and its shares gained 24.42% of their value over the last 52 weeks. As of May 28, 2024, FND stock closed at $113.61 per share with a market capitalization of $12.158 billion. In the first quarter of 2024, Artisan Small Cap Fund's Investor Class fund returned 9.43%, Advisor Class fund returned 9.42%, and Institutional Class fund returned 9.48%, compared to a return of 7.58% for the Russell 2000 Growth Index.\n\n#ArtisanSmallCapFund #Floor\u0026DecorHoldings #Fnd #Valuation\n\nhttps://finance.yahoo.com/news/why-artisan-small-cap-fund-104340185.html",
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