Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC – Get Free Report) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 4,873 shares, a decrease 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. Currently, 0.1% of the company’s shares are sold short.
Federated Hermes MDT Large Cap Core ETF Trading Up 1.0%
NYSEARCA:FLCC traded up $0.37 on Friday, reaching $36.50. 19,207 shares of the stock traded hands, compared to its average volume of 32,979. Federated Hermes MDT Large Cap Core ETF has a 1-year low of $29.88 and a 1-year high of $37.55. The company’s 50 day moving average is $36.32 and its 200-day moving average is $34.43. The firm has a market capitalization of $127.75 million, a price-to-earnings ratio of 24.00 and a beta of 0.99.
Hedge Funds Weigh In On Federated Hermes MDT Large Cap Core ETF
Hedge funds have recently bought and sold shares of the company. BlueStem Wealth Partners LLC raised its stake in Federated Hermes MDT Large Cap Core ETF by 3.8% during the fourth quarter. BlueStem Wealth Partners LLC now owns 406,416 shares of the company’s stock worth $13,205,000 after buying an additional 15,061 shares during the last quarter. GTS Financial LLC bought a new stake in Federated Hermes MDT Large Cap Core ETF during the first quarter valued at $5,105,000. Baer Investment Advisory LLC acquired a new stake in Federated Hermes MDT Large Cap Core ETF during the 1st quarter worth about $625,000. Brady Martz Wealth Solutions LLC grew its holdings in Federated Hermes MDT Large Cap Core ETF by 29.6% during the 1st 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 during the period. Finally, &PARTNERS raised its position in shares of Federated Hermes MDT Large Cap Core ETF by 3.8% in the 4th quarter. &PARTNERS now owns 23,945 shares of the company’s stock worth $778,000 after acquiring an additional 867 shares in the last quarter.
About Federated Hermes MDT Large Cap Core ETF
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.
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