Victory Financial Group LLC Sells 44,712 Shares of Federated Hermes MDT Large Cap Core ETF $FLCC

Victory Financial Group LLC lowered its position in shares of Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC) by 29.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 106,819 shares of the company’s stock after selling 44,712 shares during the quarter. Victory Financial Group LLC owned approximately 7.12% of Federated Hermes MDT Large Cap Core ETF worth $3,471,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in FLCC. Brady Martz Wealth Solutions LLC acquired a new position in Federated Hermes MDT Large Cap Core ETF in the fourth quarter valued at about $353,000. DAVENPORT & Co LLC acquired a new stake in shares of Federated Hermes MDT Large Cap Core ETF during the third quarter worth approximately $371,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Federated Hermes MDT Large Cap Core ETF during the fourth quarter worth approximately $580,000. Cox Capital Mgt LLC bought a new position in shares of Federated Hermes MDT Large Cap Core ETF in the third quarter valued at approximately $2,516,000. Finally, BlueStem Wealth Partners LLC bought a new position in shares of Federated Hermes MDT Large Cap Core ETF in the third quarter valued at approximately $12,545,000.

Federated Hermes MDT Large Cap Core ETF Price Performance

Shares of FLCC opened at $30.85 on Wednesday. The company has a market capitalization of $58.62 million, a P/E ratio of 24.00 and a beta of 1.08. Federated Hermes MDT Large Cap Core ETF has a one year low of $23.28 and a one year high of $33.24. The business’s 50 day simple moving average is $31.85 and its 200-day simple moving average is $32.10.

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.