Envestnet Asset Management Inc. Purchases Shares of 177,094 Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC)

Envestnet Asset Management Inc. acquired a new position in shares of Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC) in the 4th quarter, Holdings Channel reports. The fund acquired 177,094 shares of the company’s stock, valued at approximately $4,959,000.

Separately, Truist Financial Corp acquired a new stake in Federated Hermes MDT Large Cap Core ETF during the 4th quarter worth $4,646,000.

Federated Hermes MDT Large Cap Core ETF Stock Performance

Shares of FLCC stock opened at $25.48 on Wednesday. The stock’s 50-day moving average is $27.03 and its two-hundred day moving average is $27.95. Federated Hermes MDT Large Cap Core ETF has a 1 year low of $23.28 and a 1 year high of $29.84. The firm has a market cap of $19.49 million and a price-to-earnings ratio of 20.96.

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.