Spectrum Wealth Advisory Group LLC Purchases 40,762 Shares of Federated Hermes MDT Large Cap Core ETF $FLCC

Spectrum Wealth Advisory Group LLC raised its holdings in shares of Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC) by 4.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 879,960 shares of the company’s stock after purchasing an additional 40,762 shares during the period. Federated Hermes MDT Large Cap Core ETF accounts for about 9.0% of Spectrum Wealth Advisory Group LLC’s holdings, making the stock its 3rd largest holding. Spectrum Wealth Advisory Group LLC owned about 17.96% of Federated Hermes MDT Large Cap Core ETF worth $31,934,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of FLCC. Envestnet Asset Management Inc. increased its stake in shares of Federated Hermes MDT Large Cap Core ETF by 10.7% during the second quarter. Envestnet Asset Management Inc. now owns 25,071 shares of the company’s stock valued at $881,000 after buying an additional 2,415 shares during the period. Integrated Wealth Concepts LLC purchased a new position in Federated Hermes MDT Large Cap Core ETF during the 2nd quarter valued at $70,000. Citadel Advisors LLC purchased a new position in Federated Hermes MDT Large Cap Core ETF during the 2nd quarter valued at $412,000. Finally, GTS Financial LLC bought a new position in Federated Hermes MDT Large Cap Core ETF in the 1st quarter worth $5,105,000.

Federated Hermes MDT Large Cap Core ETF Trading Up 0.7%

Shares of NYSEARCA FLCC opened at $36.20 on Wednesday. The firm has a fifty day simple moving average of $36.60 and a two-hundred day simple moving average of $34.56. Federated Hermes MDT Large Cap Core ETF has a 12 month low of $29.88 and a 12 month high of $37.55. The firm has a market capitalization of $177.38 million, a PE ratio of 24.00 and a beta of 0.99.

Federated Hermes MDT Large Cap Core ETF 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.