Federated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV – Get Free Report) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 2,183 shares, a decline of 94.4% from the September 15th total of 39,004 shares. Based on an average daily trading volume, of 58,919 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.
Federated Hermes MDT Large Cap Value ETF Stock Performance
Shares of FLCV traded up $0.25 during mid-day trading on Friday, hitting $36.92. The company’s stock had a trading volume of 31,870 shares, compared to its average volume of 26,635. The stock’s 50-day moving average is $37.17 and its two-hundred day moving average is $35.42. The firm has a market capitalization of $173.52 million, a PE ratio of 18.26 and a beta of 0.75. Federated Hermes MDT Large Cap Value ETF has a one year low of $29.60 and a one year high of $38.29.
Institutional Trading of Federated Hermes MDT Large Cap Value ETF
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Eastern Bank raised its position in shares of Federated Hermes MDT Large Cap Value ETF by 0.3% during the third quarter. Eastern Bank now owns 306,184 shares of the company’s stock valued at $11,021,000 after buying an additional 860 shares during the last quarter. Capital Analysts LLC grew its position in Federated Hermes MDT Large Cap Value ETF by 3.3% during the second quarter. Capital Analysts LLC now owns 9,786 shares of the company’s stock worth $351,000 after buying an additional 311 shares in the last quarter. Comprehensive Financial Planning Inc. PA increased its stake in Federated Hermes MDT Large Cap Value ETF by 81.8% during the second quarter. Comprehensive Financial Planning Inc. PA now owns 31,023 shares of the company’s stock valued at $1,112,000 after acquiring an additional 13,959 shares during the period. Stonebridge Financial Group LLC MO bought a new position in Federated Hermes MDT Large Cap Value ETF during the first quarter valued at about $221,000. Finally, Allegheny Financial Group raised its holdings in Federated Hermes MDT Large Cap Value ETF by 8.7% in the 1st quarter. Allegheny Financial Group now owns 45,380 shares of the company’s stock valued at $1,430,000 after acquiring an additional 3,631 shares in the last quarter.
About Federated Hermes MDT Large Cap Value ETF
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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