VictoryShares THB Mid Cap ETF
MDCP
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 15935 La Cantera Parkway San Antonio TX United States of America 78256
- IPO Date
- Oct 5, 2021
- Similar Companies
- Business
- VictoryShares THB Mid Cap ESG ETF (MDCP) is an actively managed exchange-traded fund that seeks capital appreciation by investing in a high-conviction portfolio of approximately 30 high-quality U.S. mid-cap stocks selected for their strong environmental, social, and governance (ESG) characteristics, prudent shareholder equity growth potential, and focus on sectors including healthcare, consumer goods, industrials, and information technology; the fund emphasizes companies demonstrating good corporate citizenship alongside long-term investment horizons of three to seven years. Issued by Victory Portfolios II and managed by the THB Asset Management franchise of Victory Capital Holdings, Inc., MDCP fully integrates ESG factors into its investment process without using derivatives or options, maintaining around 29-30 constituents with a weighted average market capitalization of approximately $23.8 billion. The fund targets institutional and individual investors seeking ESG-aligned mid-cap equity exposure and operates primarily in U.S. equity markets. Victory Capital Holdings, Inc., the parent sponsor headquartered in San Antonio, Texas, acquired THB Asset Management—a Norwalk, Connecticut-based firm founded in 1982—in 2021, integrating its U.S. mid-cap, small-cap, and international small-cap strategies into the VictoryShares lineup and expanding offshore distribution through partnerships in Europe and Australia. MDCP launched in October 2021 as part of Victory Capital's expansion of active ESG-focused ETFs, alongside the VictoryShares ESG Corporate Bond ETF (UCRD) and VictoryShares ESG Core Plus Bond ETF (UBND), blending THB's equity expertise with Victory Capital's platform. In a significant recent development, Victory Portfolios II announced the liquidation of MDCP in February 2025 following a product lineup review to better align with client needs; trading ceased on April 23, 2025, with liquidation completed around April 29, 2025, and shareholders receiving cash distributions equal to net asset value, as Victory Capital bore related expenses excluding brokerage fees.