FLCV was created on 2024-07-31 by Federated Hermes. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 95.73m in AUM and 126 holdings. FLCV 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.