Federated Hermes MDT Large Cap Growth ETF $FLCG Shares Sold by Stegent Equity Advisors Inc.

Stegent Equity Advisors Inc. lowered its holdings in Federated Hermes MDT Large Cap Growth ETF (NYSEARCA:FLCG) by 59.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 70,166 shares of the company’s stock after selling 102,892 shares during the period. Federated Hermes MDT Large Cap Growth ETF comprises 1.8% of Stegent Equity Advisors Inc.’s portfolio, making the stock its 16th largest position. Stegent Equity Advisors Inc. owned 0.48% of Federated Hermes MDT Large Cap Growth ETF worth $2,098,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FLCG. Wilkerson Advisory Group LLC purchased a new stake in Federated Hermes MDT Large Cap Growth ETF during the 4th quarter worth approximately $31,000. SHP Wealth Management acquired a new position in shares of Federated Hermes MDT Large Cap Growth ETF in the 4th quarter valued at approximately $87,000. Capital Analysts LLC boosted its stake in shares of Federated Hermes MDT Large Cap Growth ETF by 11.9% during the 4th quarter. Capital Analysts LLC now owns 12,795 shares of the company’s stock valued at $424,000 after buying an additional 1,357 shares during the last quarter. Kestra Private Wealth Services LLC purchased a new position in shares of Federated Hermes MDT Large Cap Growth ETF during the 4th quarter valued at approximately $635,000. Finally, Susquehanna International Group LLP grew its position in shares of Federated Hermes MDT Large Cap Growth ETF by 188.4% during the third quarter. Susquehanna International Group LLP now owns 23,674 shares of the company’s stock worth $773,000 after buying an additional 15,465 shares in the last quarter.

Federated Hermes MDT Large Cap Growth ETF Trading Up 0.8%

Shares of NYSEARCA:FLCG opened at $33.58 on Thursday. The company has a fifty day simple moving average of $33.73 and a 200 day simple moving average of $32.50. The firm has a market cap of $560.79 million, a PE ratio of 32.19 and a beta of 1.20. 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.