18,229 Shares in Federated Hermes MDT Large Cap Growth ETF $FLCG Purchased by Private Advisor Group LLC

Private Advisor Group LLC acquired a new stake in shares of Federated Hermes MDT Large Cap Growth ETF (NYSEARCA:FLCG) in the first quarter, Holdings Channel reports. The firm acquired 18,229 shares of the company’s stock, valued at approximately $545,000.

Other large investors also recently added to or reduced their stakes in the company. MML Investors Services LLC bought a new position in Federated Hermes MDT Large Cap Growth ETF in the 2nd quarter worth about $9,357,000. Susquehanna International Group LLP raised its stake 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 valued at $773,000 after acquiring an additional 15,465 shares in the last quarter. Stegent Equity Advisors Inc. boosted its holdings in shares of 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 purchasing an additional 81,574 shares during the period. Towerpoint Wealth LLC boosted its holdings in shares of Federated Hermes MDT Large Cap Growth ETF by 2.5% in the fourth quarter. Towerpoint Wealth LLC now owns 61,385 shares of the company’s stock valued at $2,030,000 after purchasing an additional 1,518 shares during the period. Finally, Sanctuary Advisors LLC grew its stake in Federated Hermes MDT Large Cap Growth ETF by 2.6% in the fourth quarter. Sanctuary Advisors LLC now owns 81,500 shares of the company’s stock worth $2,695,000 after purchasing an additional 2,076 shares in the last quarter.

Federated Hermes MDT Large Cap Growth ETF Stock Down 1.6%

FLCG opened at $34.02 on Friday. The stock’s fifty day moving average is $33.87 and its two-hundred day moving average is $32.58. The company has a market capitalization of $574.94 million, a P/E ratio of 32.19 and a beta of 1.20. Federated Hermes MDT Large Cap Growth ETF has a 52 week low of $28.69 and a 52 week 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.