Kestra Advisory Services LLC Purchases 191,570 Shares of Federated Hermes MDT Large Cap Growth ETF $FLCG

Kestra Advisory Services LLC grew its position in Federated Hermes MDT Large Cap Growth ETF (NYSEARCA:FLCG) by 24.3% in the first quarter, HoldingsChannel.com reports. The fund owned 979,209 shares of the company’s stock after buying an additional 191,570 shares during the period. Kestra Advisory Services LLC owned about 0.07% of Federated Hermes MDT Large Cap Growth ETF worth $29,278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Wilkerson Advisory Group LLC acquired a new stake in Federated Hermes MDT Large Cap Growth ETF in the 4th quarter valued at about $31,000. Capital Analysts LLC lifted its position in shares of Federated Hermes MDT Large Cap Growth ETF by 11.9% in the fourth 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. Towerpoint Wealth LLC boosted its stake 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 worth $2,030,000 after acquiring an additional 1,518 shares during the period. Sanctuary Advisors LLC increased its holdings in shares of Federated Hermes MDT Large Cap Growth ETF by 2.6% during the 4th quarter. Sanctuary Advisors LLC now owns 81,500 shares of the company’s stock worth $2,695,000 after acquiring an additional 2,076 shares during the last quarter. Finally, SHP Wealth Management acquired a new position in shares of Federated Hermes MDT Large Cap Growth ETF during the 4th quarter worth approximately $87,000.

Federated Hermes MDT Large Cap Growth ETF Stock Performance

FLCG traded up $0.17 during trading hours on Friday, reaching $34.60. The company’s stock had a trading volume of 89,656 shares, compared to its average volume of 89,537. The company’s 50-day moving average is $33.83 and its 200-day moving average is $32.56. Federated Hermes MDT Large Cap Growth ETF has a 52 week low of $28.69 and a 52 week high of $35.46. The firm has a market cap of $581.28 million, a PE ratio of 32.19 and a beta of 1.20.

Federated Hermes MDT Large Cap Growth ETF Company 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.