Federated Hermes MDT Large Cap Growth ETF $FLCG Shares Newly Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC bought a new position in shares of Federated Hermes MDT Large Cap Growth ETF (NYSEARCA:FLCG) in the 3rd quarter, Holdings Channel reports. The fund bought 4,755,697 shares of the company’s stock, valued at approximately $169,303,000. Commonwealth Equity Services LLC owned approximately 0.24% of Federated Hermes MDT Large Cap Growth ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of FLCG. Kingswood Wealth Advisors LLC raised its holdings in Federated Hermes MDT Large Cap Growth ETF by 15.5% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 27,316 shares of the company’s stock valued at $972,000 after acquiring an additional 3,675 shares during the period. Stegent Equity Advisors Inc. lifted its position in Federated Hermes MDT Large Cap Growth ETF by 8.9% during the third quarter. Stegent Equity Advisors Inc. now owns 85,212 shares of the company’s stock worth $3,034,000 after acquiring an additional 6,939 shares during the last quarter. Capital Analysts LLC boosted its holdings in shares of Federated Hermes MDT Large Cap Growth ETF by 26.7% during the second quarter. Capital Analysts LLC now owns 21,692 shares of the company’s stock worth $722,000 after acquiring an additional 4,576 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in shares of Federated Hermes MDT Large Cap Growth ETF by 59.4% during the second quarter. Integrated Wealth Concepts LLC now owns 16,058 shares of the company’s stock worth $535,000 after acquiring an additional 5,987 shares during the period. Finally, Somerset Trust Co boosted its holdings in shares of Federated Hermes MDT Large Cap Growth ETF by 30.6% during the second quarter. Somerset Trust Co now owns 41,167 shares of the company’s stock worth $1,371,000 after acquiring an additional 9,638 shares during the period.

Federated Hermes MDT Large Cap Growth ETF Trading Down 6.2%

Federated Hermes MDT Large Cap Growth ETF stock opened at $31.53 on Friday. Federated Hermes MDT Large Cap Growth ETF has a 12 month low of $28.69 and a 12 month high of $36.73. The stock’s 50 day moving average is $35.05 and its 200-day moving average is $33.44. The company has a market capitalization of $643.21 million, a price-to-earnings ratio of 32.19 and a beta of 1.21.

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.