Short Interest in Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC) Decreases By 63.8%

Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 4,873 shares, a drop of 63.8% from the August 15th total of 13,465 shares. Based on an average trading volume of 10,367 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Federated Hermes MDT Large Cap Core ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlueStem Wealth Partners LLC lifted its holdings in shares of Federated Hermes MDT Large Cap Core ETF by 3.8% in the 4th quarter. BlueStem Wealth Partners LLC now owns 406,416 shares of the company’s stock valued at $13,205,000 after buying an additional 15,061 shares during the period. GTS Financial LLC acquired a new position in Federated Hermes MDT Large Cap Core ETF during the first quarter worth $5,105,000. Baer Investment Advisory LLC acquired a new position in Federated Hermes MDT Large Cap Core ETF during the first quarter worth $625,000. Brady Martz Wealth Solutions LLC raised its position in Federated Hermes MDT Large Cap Core ETF by 29.6% in the first quarter. Brady Martz Wealth Solutions LLC now owns 14,070 shares of the company’s stock worth $434,000 after acquiring an additional 3,215 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new position in Federated Hermes MDT Large Cap Core ETF in the second quarter worth $412,000.

Federated Hermes MDT Large Cap Core ETF Trading Down 0.3%

Shares of NYSEARCA:FLCC traded down $0.10 during midday trading on Monday, hitting $36.40. The stock had a trading volume of 10,707 shares, compared to its average volume of 32,851. The company has a market capitalization of $127.40 million, a PE ratio of 24.00 and a beta of 0.99. The stock has a 50 day moving average price of $36.32 and a two-hundred day moving average price of $34.45. Federated Hermes MDT Large Cap Core ETF has a 1 year low of $29.88 and a 1 year high of $37.55.

Federated Hermes MDT Large Cap Core ETF Company 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.