Eastern Bank boosted its position in Federated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV – Free Report) by 227.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 305,324 shares of the company’s stock after purchasing an additional 211,956 shares during the period. Eastern Bank owned about 0.12% of Federated Hermes MDT Large Cap Value ETF worth $10,948,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently added to or reduced their stakes in FLCV. Allegheny Financial Group acquired a new position in Federated Hermes MDT Large Cap Value ETF during the 4th quarter worth approximately $1,299,000. Stonebridge Financial Group LLC MO acquired a new stake in shares of Federated Hermes MDT Large Cap Value ETF in the 1st quarter valued at approximately $221,000. Orion Porfolio Solutions LLC acquired a new stake in shares of Federated Hermes MDT Large Cap Value ETF in the 4th quarter valued at approximately $3,891,000. Commonwealth Equity Services LLC boosted its stake in shares of Federated Hermes MDT Large Cap Value ETF by 32.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 41,192 shares of the company’s stock valued at $1,281,000 after buying an additional 10,120 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its stake in shares of Federated Hermes MDT Large Cap Value ETF by 17.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 436,453 shares of the company’s stock valued at $13,578,000 after buying an additional 63,601 shares in the last quarter.
Federated Hermes MDT Large Cap Value ETF Price Performance
Shares of FLCV stock opened at $37.11 on Tuesday. The business’s fifty day moving average price is $35.71 and its 200 day moving average price is $33.71. Federated Hermes MDT Large Cap Value ETF has a 1-year low of $29.45 and a 1-year high of $37.16. The firm has a market capitalization of $129.88 million, a PE ratio of 18.26 and a beta of 0.74.
Federated Hermes MDT Large Cap Value ETF Profile
The Federated Hermes MDT Large Cap Value ETF (FLCV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing primarily in large-cap US companies that are deemed undervalued within the Russell 1000 Value Index. The fund aims for capital growth, utilizing a quantitative model focused on maximizing returns and risk management FLCV was launched on Jul 30, 2024 and is issued by Federated Hermes.
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