Truist Financial Corp Acquires 22,965 Shares of Federated Hermes MDT Small Cap Core ETF $FSCC

Truist Financial Corp grew its holdings in Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) by 7.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 351,598 shares of the company’s stock after acquiring an additional 22,965 shares during the quarter. Truist Financial Corp owned 9.50% of Federated Hermes MDT Small Cap Core ETF worth $10,551,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Sanctuary Advisors LLC bought a new stake in shares of Federated Hermes MDT Small Cap Core ETF in the fourth quarter worth about $313,000. DAVENPORT & Co LLC increased its holdings in shares of Federated Hermes MDT Small Cap Core ETF by 76.7% in the fourth quarter. DAVENPORT & Co LLC now owns 12,078 shares of the company’s stock worth $362,000 after acquiring an additional 5,241 shares in the last quarter. Susquehanna International Group LLP bought a new position in shares of Federated Hermes MDT Small Cap Core ETF during the third quarter worth about $411,000. Kestra Private Wealth Services LLC bought a new position in shares of Federated Hermes MDT Small Cap Core ETF during the fourth quarter worth about $609,000. Finally, Essex Financial Services Inc. grew its holdings in shares of Federated Hermes MDT Small Cap Core ETF by 28.4% during the third quarter. Essex Financial Services Inc. now owns 25,129 shares of the company’s stock worth $743,000 after buying an additional 5,559 shares in the last quarter.

Federated Hermes MDT Small Cap Core ETF Stock Performance

NYSEARCA:FSCC opened at $34.50 on Friday. The company has a market cap of $220.80 million, a PE ratio of 15.80 and a beta of 1.31. Federated Hermes MDT Small Cap Core ETF has a 52-week low of $24.05 and a 52-week high of $35.20. The stock has a 50-day simple moving average of $31.20 and a 200 day simple moving average of $30.81.

Federated Hermes MDT Small Cap Core ETF Company Profile

The Federated Hermes MDT Small Cap Core ETF (FSCC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is actively managed, investing primarily in small-cap US companies within the Russell 2000 Index. The fund aims for capital growth, utilizing a quantitative model focused on maximizing returns and risk management FSCC was launched on Jul 30, 2024 and is issued by Federated Hermes.