Prosperity Financial Group Inc. Makes New Investment in Federated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV)

Prosperity Financial Group Inc. acquired a new position in shares of Federated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 25,190 shares of the company’s stock, valued at approximately $683,000.

Separately, Kingswood Wealth Advisors LLC acquired a new position in Federated Hermes MDT Large Cap Value ETF during the 4th quarter worth $781,000.

Federated Hermes MDT Large Cap Value ETF Price Performance

Shares of FLCV stock opened at $27.14 on Wednesday. The firm has a fifty day moving average of $28.05 and a two-hundred day moving average of $27.64. Federated Hermes MDT Large Cap Value ETF has a 1-year low of $24.21 and a 1-year high of $29.17. The firm has a market cap of $24.02 million and a P/E ratio of 18.38.

Federated Hermes MDT Large Cap Value ETF Company Profile

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.