Federated Hermes MDT Large Cap Core ETF $FLCC Stock: Spectrum Wealth Advisory Group LLC Boosts Position

Spectrum Wealth Advisory Group LLC lifted its position in shares of Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC) by 4.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 879,960 shares of the company’s stock after purchasing an additional 40,762 shares during the quarter. Federated Hermes MDT Large Cap Core ETF comprises 9.0% of Spectrum Wealth Advisory Group LLC’s investment portfolio, making the stock its 3rd biggest holding. Spectrum Wealth Advisory Group LLC owned approximately 0.18% of Federated Hermes MDT Large Cap Core ETF worth $31,934,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC bought a new position in Federated Hermes MDT Large Cap Core ETF in the second quarter worth $70,000. Citadel Advisors LLC purchased a new position in Federated Hermes MDT Large Cap Core ETF during the second quarter valued at $412,000. Envestnet Asset Management Inc. lifted its position in Federated Hermes MDT Large Cap Core ETF by 10.7% during the second quarter. Envestnet Asset Management Inc. now owns 25,071 shares of the company’s stock valued at $881,000 after buying an additional 2,415 shares during the period. Finally, GTS Financial LLC bought a new stake in shares of Federated Hermes MDT Large Cap Core ETF during the 1st quarter valued at $5,105,000.

Federated Hermes MDT Large Cap Core ETF Trading Up 0.7%

Shares of FLCC stock opened at $36.20 on Wednesday. The company’s fifty day moving average price is $36.60 and its 200-day moving average price is $34.56. The stock has a market cap of $177.38 million, a PE ratio of 24.00 and a beta of 0.99. Federated Hermes MDT Large Cap Core ETF has a 12 month low of $29.88 and a 12 month 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.