Federated Hermes MDT Large Cap Growth ETF (FLCG)
Federated Hermes MDT Large Cap Growth ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Pittsburgh, PA, US. The stock last traded at $35.80, up 0.56% on the session, giving a market capitalisation of $279.1M. Its beta of 1.14 implies it has historically moved more than the broad market.
The Federated Hermes MDT Large Cap Growth ETF is engineered to achieve its investment targets by primarily allocating capital to the shares of prominent American corporations. A fundamental component of its strategy is to ensure that a minimum of 80% of its total assets, which includes any funds obtained through borrowing, are dedicated to a blend of large-capitalization and growth-focused securities. This fund is dynamically managed, with the portfolio manager actively trading its holdings in pursuit of its overarching investment objective.
Federated Hermes MDT Large Cap Growth ETF is most often compared with the following Financial Services names: