--- title: "First Eagle's Active ETF Push Gathers Steam With New US Value Launches" type: "News" locale: "en" url: "https://longbridge.com/en/news/274039073.md" description: "First Eagle Investments has launched two new U.S. value-focused ETFs, the First Eagle Mid Cap Equity ETF (FEMD) and the First Eagle US Equity ETF (USFE), expanding its active ETF lineup. This follows the company's successful entry into the ETF market over a year ago, accumulating $1.5 billion in assets. FEMD targets undervalued mid-cap companies, while USFE focuses on the broader U.S. equity market, both employing a value-oriented investment strategy. The firm aims to provide quality, liquidity, and diversification through these new offerings." datetime: "2026-01-28T20:18:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/274039073.md) - [en](https://longbridge.com/en/news/274039073.md) - [zh-HK](https://longbridge.com/zh-HK/news/274039073.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/274039073.md) | [繁體中文](https://longbridge.com/zh-HK/news/274039073.md) # First Eagle's Active ETF Push Gathers Steam With New US Value Launches **First Eagle Investments** continued to grow its active ETF offerings with the introduction of two new U.S.-focused ETFs, the **First Eagle Mid Cap Equity ETF** (NYSE:FEMD) and the **First Eagle US Equity ETF** (NYSE:USFE), further capitalizing on the initial success of its entry into the ETF market. The Tuesday launch follows the company's initial entry into the ETF market just over a year ago, when it launched its first ETFs, the **First Eagle Global Equity ETF** (NYSE:FEGE) and the **First Eagle Overseas Equity ETF** (NYSE:FEOE). Since its entry into the market, First Eagle Investments has accumulated around $1.5 billion in ETF assets, according to the company, which indicates a rising trend of interest in actively managed investment offerings in the ETF format. While FEGE and FEOE target international opportunity sets, FEMD and USFE are specifically designed to target U.S. stocks, both with a value-oriented approach. ## Peek Into The Mechanics FEMD seeks to invest in the mid-cap universe, identifying companies that the team believes are undervalued by the market. The strategy seeks to identify companies that are candidates for a turnaround, companies with long-term growth prospects despite current earnings difficulties, and companies whose value may not be reflected in their asset base. USFE seeks to apply the same philosophy to the entire U.S. equity market. The fund employs a bottom-up research process that is inspired by the tenets of long-term value investing, seeking to identify companies with favorable fundamentals that are selling for less than their estimated intrinsic value. Risk management is centered on seeking a "margin of safety" to help protect against both market and company-specific risks. According to the U.S. wealth solutions leadership at First Eagle, the two new ETFs seek to provide quality, liquidity, and diversification, which are characteristic of the firm's active management philosophy. The firm also highlighted the success of FEGE, which has reached $1 billion in assets in just over a year and continues to expand investor access to its strategies through ETFs. _Photo: bigjom jom via Shutterstock_ ### Related Stocks - [MFS Active Mid Cap ETF (MMID.US)](https://longbridge.com/en/quote/MMID.US.md) - [First Eagle Global Equity ETF (FEGE.US)](https://longbridge.com/en/quote/FEGE.US.md) ## Related News & Research - [What Happens Next After the QQQ ETF’s 3% Single-Day Move? Here’s What History Tells Us.](https://longbridge.com/en/news/281552388.md) - [The 4 Questions Investors Should Ask Before Buying Any ETF](https://longbridge.com/en/news/281549873.md) - [VegaShares Launches the First Multi-Index Covered Call Income ETF (ODTE) | ODTE Stock News](https://longbridge.com/en/news/281553894.md) - [$1000 Invested In Vanguard Information Tech ETF 10 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/281248901.md) - [Strive Inc Expands Role in Digital Credit ETF](https://longbridge.com/en/news/281038704.md)