Federated Hermes MDT Large Cap Growth ETF $FLCG Shares Sold by Royal Bank of Canada

Royal Bank of Canada decreased its position in shares of Federated Hermes MDT Large Cap Growth ETF (NYSEARCA:FLCG) by 28.3% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 104,441 shares of the company’s stock after selling 41,271 shares during the period. Royal Bank of Canada owned 0.71% of Federated Hermes MDT Large Cap Growth ETF worth $3,122,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of FLCG. Cetera Investment Advisers acquired a new position in Federated Hermes MDT Large Cap Growth ETF in the 1st quarter valued at $1,481,000. Sanctuary Advisors LLC lifted its stake in shares of Federated Hermes MDT Large Cap Growth ETF by 41.7% during the 1st quarter. Sanctuary Advisors LLC now owns 115,455 shares of the company’s stock worth $3,452,000 after purchasing an additional 33,955 shares during the period. Kestra Advisory Services LLC boosted its holdings in shares of Federated Hermes MDT Large Cap Growth ETF by 24.3% during the first quarter. Kestra Advisory Services LLC now owns 979,209 shares of the company’s stock worth $29,278,000 after purchasing an additional 191,570 shares during the last quarter. Private Advisor Group LLC acquired a new stake in shares of Federated Hermes MDT Large Cap Growth ETF during the first quarter worth $545,000. Finally, Kestra Private Wealth Services LLC grew its position in shares of Federated Hermes MDT Large Cap Growth ETF by 42.1% in the first quarter. Kestra Private Wealth Services LLC now owns 27,310 shares of the company’s stock valued at $817,000 after purchasing an additional 8,095 shares during the period.

Federated Hermes MDT Large Cap Growth ETF Stock Down 0.6%

Shares of NYSEARCA:FLCG opened at $35.66 on Friday. The company has a market cap of $613.35 million, a P/E ratio of 32.19 and a beta of 1.19. The business has a fifty day simple moving average of $33.84 and a 200-day simple moving average of $32.80. Federated Hermes MDT Large Cap Growth ETF has a 52 week low of $28.69 and a 52 week high of $36.02.

Federated Hermes MDT Large Cap Growth ETF Company 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.