Federated Hermes MDT Large Cap Growth ETF $FLCG Stock Holdings Trimmed by Stegent Equity Advisors Inc.

Stegent Equity Advisors Inc. lessened its position in shares of Federated Hermes MDT Large Cap Growth ETF (NYSEARCA:FLCG) by 59.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 70,166 shares of the company’s stock after selling 102,892 shares during the period. Federated Hermes MDT Large Cap Growth ETF comprises 1.8% of Stegent Equity Advisors Inc.’s portfolio, making the stock its 16th largest position. Stegent Equity Advisors Inc.’s holdings in Federated Hermes MDT Large Cap Growth ETF were worth $2,098,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Wilkerson Advisory Group LLC bought a new stake in shares of Federated Hermes MDT Large Cap Growth ETF in the 4th quarter valued at approximately $31,000. SHP Wealth Management bought a new position in Federated Hermes MDT Large Cap Growth ETF during the fourth quarter worth $87,000. Capital Analysts LLC boosted its holdings in Federated Hermes MDT Large Cap Growth ETF by 11.9% in the fourth quarter. Capital Analysts LLC now owns 12,795 shares of the company’s stock worth $424,000 after purchasing an additional 1,357 shares during the period. Kestra Private Wealth Services LLC acquired a new position in Federated Hermes MDT Large Cap Growth ETF in the fourth quarter worth $635,000. Finally, Susquehanna International Group LLP increased its stake in 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 purchasing an additional 15,465 shares during the last quarter.

Federated Hermes MDT Large Cap Growth ETF Stock Performance

Shares of NYSEARCA:FLCG opened at $33.58 on Thursday. The stock has a market capitalization of $560.79 million, a price-to-earnings ratio of 32.19 and a beta of 1.20. Federated Hermes MDT Large Cap Growth ETF has a 1-year low of $28.69 and a 1-year high of $35.46. The company’s fifty day moving average is $33.73 and its two-hundred day moving average is $32.50.

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.