Truist Financial Corp Buys 22,965 Shares of Federated Hermes MDT Small Cap Core ETF $FSCC

Truist Financial Corp boosted its stake in shares of Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) by 7.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 351,598 shares of the company’s stock after acquiring an additional 22,965 shares during the period. Truist Financial Corp owned 0.10% of Federated Hermes MDT Small Cap Core ETF worth $10,551,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new position in Federated Hermes MDT Small Cap Core ETF during the 4th quarter worth $313,000. DAVENPORT & Co LLC increased its stake in Federated Hermes MDT Small Cap Core ETF by 76.7% during the 4th quarter. DAVENPORT & Co LLC now owns 12,078 shares of the company’s stock worth $362,000 after acquiring an additional 5,241 shares during the period. Susquehanna International Group LLP bought a new position in shares of Federated Hermes MDT Small Cap Core ETF in the 3rd quarter valued at $411,000. Kestra Private Wealth Services LLC bought a new position in shares of Federated Hermes MDT Small Cap Core ETF in the 4th quarter valued at $609,000. Finally, Essex Financial Services Inc. increased its stake in shares of Federated Hermes MDT Small Cap Core ETF by 28.4% in the 3rd quarter. Essex Financial Services Inc. now owns 25,129 shares of the company’s stock valued at $743,000 after purchasing an additional 5,559 shares during the last quarter.

Federated Hermes MDT Small Cap Core ETF Stock Performance

Shares of FSCC opened at $34.50 on Friday. Federated Hermes MDT Small Cap Core ETF has a 52-week low of $24.05 and a 52-week high of $35.20. The business’s fifty day moving average is $31.20 and its 200-day moving average is $30.81. The firm has a market cap of $220.80 million, a price-to-earnings ratio of 15.80 and a beta of 1.31.

Federated Hermes MDT Small Cap Core ETF Company Profile

The Federated Hermes MDT Small Cap Core ETF (FSCC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is actively managed, investing primarily in small-cap US companies within the Russell 2000 Index. The fund aims for capital growth, utilizing a quantitative model focused on maximizing returns and risk management FSCC was launched on Jul 30, 2024 and is issued by Federated Hermes.