Baer Investment Advisory LLC Invests $625,000 in Federated Hermes MDT Large Cap Core ETF $FLCC

Baer Investment Advisory LLC acquired a new position in Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC) during the first quarter, HoldingsChannel reports. The institutional investor acquired 20,260 shares of the company’s stock, valued at approximately $625,000.

Several other hedge funds have also recently made changes to their positions in the business. Wilkerson Advisory Group LLC bought a new position in shares of Federated Hermes MDT Large Cap Core ETF during the fourth quarter valued at approximately $43,000. Kestra Advisory Services LLC bought a new stake in Federated Hermes MDT Large Cap Core ETF in the fourth quarter valued at $71,000. Focus Partners Advisor Solutions LLC bought a new stake in Federated Hermes MDT Large Cap Core ETF in the fourth quarter valued at $353,000. Brady Martz Wealth Solutions LLC bought a new stake in Federated Hermes MDT Large Cap Core ETF in the fourth quarter valued at $353,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in Federated Hermes MDT Large Cap Core ETF during the 4th quarter valued at $580,000.

Federated Hermes MDT Large Cap Core ETF Stock Performance

Shares of Federated Hermes MDT Large Cap Core ETF stock opened at $35.33 on Friday. Federated Hermes MDT Large Cap Core ETF has a 12-month low of $29.88 and a 12-month high of $35.83. The company has a market cap of $113.06 million, a P/E ratio of 24.00 and a beta of 1.00. The company’s fifty day simple moving average is $34.76 and its two-hundred day simple moving average is $33.10.

Federated Hermes MDT Large Cap Core ETF 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.