Sanctuary Advisors LLC Raises Stake in Federated Hermes MDT Large Cap Growth ETF $FLCG

Sanctuary Advisors LLC lifted its stake in shares of Federated Hermes MDT Large Cap Growth ETF (NYSEARCA:FLCG) by 41.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 115,455 shares of the company’s stock after purchasing an additional 33,955 shares during the quarter. Sanctuary Advisors LLC owned about 0.79% of Federated Hermes MDT Large Cap Growth ETF worth $3,452,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in FLCG. MML Investors Services LLC acquired a new stake in shares of Federated Hermes MDT Large Cap Growth ETF in the second quarter valued at about $9,357,000. Susquehanna International Group LLP increased its holdings in Federated Hermes MDT Large Cap Growth ETF by 188.4% in the third quarter. Susquehanna International Group LLP now owns 23,674 shares of the company’s stock valued at $773,000 after buying an additional 15,465 shares in the last quarter. Stegent Equity Advisors Inc. increased its holdings in Federated Hermes MDT Large Cap Growth ETF by 89.2% in the fourth quarter. Stegent Equity Advisors Inc. now owns 173,058 shares of the company’s stock valued at $5,723,000 after buying an additional 81,574 shares in the last quarter. Towerpoint Wealth LLC lifted its position in shares of Federated Hermes MDT Large Cap Growth ETF by 2.5% during the 4th quarter. Towerpoint Wealth LLC now owns 61,385 shares of the company’s stock valued at $2,030,000 after acquiring an additional 1,518 shares during the period. Finally, Kestra Private Wealth Services LLC purchased a new stake in shares of Federated Hermes MDT Large Cap Growth ETF during the 4th quarter worth approximately $635,000.

Federated Hermes MDT Large Cap Growth ETF Price Performance

Shares of NYSEARCA:FLCG opened at $33.65 on Monday. The firm has a market capitalization of $568.68 million, a price-to-earnings ratio of 32.19 and a beta of 1.20. The business’s 50 day simple moving average is $33.86 and its 200-day simple moving average is $32.58. Federated Hermes MDT Large Cap Growth ETF has a 12 month low of $28.69 and a 12 month high of $35.46.

Federated Hermes MDT Large Cap Growth ETF Profile

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