Federated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV) Short Interest Update

Federated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 3,518 shares, a decrease of 41.7% from the May 31st total of 6,030 shares. Based on an average daily volume of 11,328 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of Federated Hermes MDT Large Cap Value ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Eastern Bank increased its stake in shares of Federated Hermes MDT Large Cap Value ETF by 1.8% in the 4th quarter. Eastern Bank now owns 84,638 shares of the company’s stock valued at $2,633,000 after acquiring an additional 1,464 shares during the last quarter. Allegheny Financial Group acquired a new position in Federated Hermes MDT Large Cap Value ETF during the fourth quarter valued at approximately $1,299,000. Comprehensive Financial Planning Inc. PA grew its holdings in Federated Hermes MDT Large Cap Value ETF by 35.2% during the fourth quarter. Comprehensive Financial Planning Inc. PA now owns 8,330 shares of the company’s stock valued at $259,000 after purchasing an additional 2,168 shares during the period. Capital Analysts LLC increased its stake in Federated Hermes MDT Large Cap Value ETF by 385.7% in the fourth quarter. Capital Analysts LLC now owns 8,708 shares of the company’s stock valued at $271,000 after purchasing an additional 6,915 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its holdings in Federated Hermes MDT Large Cap Value ETF by 17.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 436,453 shares of the company’s stock worth $13,578,000 after purchasing an additional 63,601 shares during the period.

Federated Hermes MDT Large Cap Value ETF Stock Up 0.1%

FLCV stock traded up $0.04 during trading on Thursday, hitting $35.82. The company had a trading volume of 7,761 shares, compared to its average volume of 12,190. The firm has a 50-day moving average price of $34.74 and a 200-day moving average price of $32.99. Federated Hermes MDT Large Cap Value ETF has a 12 month low of $29.20 and a 12 month high of $36.10. The stock has a market cap of $100.30 million, a price-to-earnings ratio of 18.26 and a beta of 0.74.

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.