Kestra Advisory Services LLC Has $29.28 Million Stake in Federated Hermes MDT Large Cap Growth ETF $FLCG

Kestra Advisory Services LLC grew its stake in shares of Federated Hermes MDT Large Cap Growth ETF (NYSEARCA:FLCG) by 24.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 979,209 shares of the company’s stock after buying an additional 191,570 shares during the period. Kestra Advisory Services LLC owned approximately 6.57% of Federated Hermes MDT Large Cap Growth ETF worth $29,278,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Wilkerson Advisory Group LLC acquired 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 acquired a new position in Federated Hermes MDT Large Cap Growth ETF during the fourth quarter valued at approximately $87,000. Capital Analysts LLC increased its stake 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 valued at $424,000 after purchasing an additional 1,357 shares in the last quarter. Private Advisor Group LLC bought a new stake in Federated Hermes MDT Large Cap Growth ETF in the first quarter valued at approximately $545,000. Finally, Kestra Private Wealth Services LLC acquired a new stake in Federated Hermes MDT Large Cap Growth ETF in the fourth quarter worth $635,000.

Federated Hermes MDT Large Cap Growth ETF Price Performance

Shares of NYSEARCA FLCG traded up $0.17 during midday trading on Friday, reaching $34.60. 89,656 shares of the stock were exchanged, compared to its average volume of 89,537. The business has a 50-day simple moving average of $33.83 and a two-hundred day simple moving average of $32.56. The company has a market capitalization of $581.28 million, a price-to-earnings ratio of 32.19 and a beta of 1.20. Federated Hermes MDT Large Cap Growth ETF has a 12 month low of $28.69 and a 12 month high of $35.46.

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.