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FLCV ETF Profile


Family: Federated Hermes
Name: Federated Hermes MDT Large Cap Value ETF
Inception Date: 30-Jul-2024
Termination Date:
Investment Objective: The Fund's investment objective is to provide long-term capital appreciation. The Fund seeks to achieve its objective by investing primarily in the common stock of large-cap U.S. companies undervalued relative to the market. The Fund's investment adviser's ("Adviser") investment strategy utilizes a large-cap value approach by selecting most of its investments from companies listed in the Russell 1000 Value Index, an index that measures the performance of those companies with lower price-to-book ratios and lower forecasted growth values within the large-cap segment of the U.S. equity universe, which includes the 1,000 largest U.S. companies by market capitalization. The Fund considers large-cap companies to be those within the range of companies listed in the Russell 1000 Value Index.
Prospectus
Top 10 Holdings
ALPHABET INC-CL A GOOGL 4.5175%
MICRON TECHNOLOGY INC MU 4.3254%
TRAVELERS COS INC/THE TRV 2.9925%
JPMORGAN CHASE & CO JPM 2.4382%
AMAZON.COM INC AMZN 2.2561%
JOHNSON & JOHNSON JNJ 2.0595%
FISERV INC FISV 2.0018%
STATE STREET CORP STT 1.9329%
WALMART INC WMT 1.9317%
ABBVIE INC ABBV 1.7653%
Top 10 Holdings Weight: 26.2%
Number of Holdings: 129
Shares Outstanding: 2,715,000
Total Net Assets: 97,014,550
NAV: 35.74
Net Expense Ratio: 0.32%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Strategy: Other Quant Model
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Market Cap: Large Cap
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Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes