Federated Hermes MDT Large Cap Core ETF $FLCC Holdings Decreased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its position in shares of Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC) by 70.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,017 shares of the company’s stock after selling 57,096 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Federated Hermes MDT Large Cap Core ETF were worth $770,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in FLCC. DAVENPORT & Co LLC acquired a new stake in shares of Federated Hermes MDT Large Cap Core ETF during the third quarter worth $371,000. Cox Capital Mgt LLC bought a new stake in shares of Federated Hermes MDT Large Cap Core ETF during the 3rd quarter valued at about $2,516,000. Victory Financial Group LLC raised its stake in Federated Hermes MDT Large Cap Core ETF by 85.5% during the second quarter. Victory Financial Group LLC now owns 149,516 shares of the company’s stock worth $4,529,000 after acquiring an additional 68,913 shares during the period. Finally, Delta Investment Management LLC bought a new position in Federated Hermes MDT Large Cap Core ETF in the third quarter worth about $13,705,000.

Federated Hermes MDT Large Cap Core ETF Stock Up 0.7%

Shares of FLCC stock opened at $32.25 on Thursday. The company has a market cap of $61.28 million, a P/E ratio of 24.00 and a beta of 1.08. The business has a 50 day moving average of $32.46 and a two-hundred day moving average of $32.13. Federated Hermes MDT Large Cap Core ETF has a 52 week low of $23.28 and a 52 week high of $33.24.

Federated Hermes MDT Large Cap Core ETF Company Profile

The Federated Hermes MDT Large Cap Core ETF (FLCC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing primarily in large-cap US companies within the Russell 1000 Index. The fund aims for capital growth, utilizing a quantitative model focused on maximizing returns and risk management. FLCC was launched on Jul 30, 2024 and is issued by Federated Hermes.