Federated Hermes, Inc. launches four MDT quantitative active ETFs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 31 2024
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Source: Newsfilter
New ETF Launch: Federated Hermes has launched four new actively managed ETFs that utilize a quantitative approach to stock selection, expanding their offerings and providing investors with additional options for long-term capital appreciation in U.S. stocks.
Management Team Expertise: The new ETFs are managed by an experienced team with extensive backgrounds in quantitative investment strategies, aiming to achieve above-market returns through advanced modeling techniques and a disciplined investment process.
Analyst Views on FTRB
Wall Street analysts forecast FTRB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTRB is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 25.360
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Current: 25.360
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
