Federated Hermes ETF Trust held $882,967,150.370000000000 in net Assets as of July 31, with Paychex representing 4.4228280681% of the portfolio. PNC Financial Services Group, U.S. Bancorp, Amgen and PepsiCo rounded out the five largest disclosed positions, giving investors a precise view of the fund’s leading allocations.

Key Highlights

  • Total net assets stood at $882,967,150.370000000000 as of July 31.
  • Paychex was the largest disclosed position, accounting for 4.42% of the portfolio.
  • The portfolio included a $2,858,174.54 position in Federated Hermes Government Obligations Fund.

Portfolio Assets Reach $883M

Federated Hermes ETF Trust held total net assets of $882,967,150.370000000000 as of July 31. Paychex (NASDAQ: PAYX) carried a reported value of $38,948,964.52, while PNC Financial Services Group (NYSE: PNC) was valued at $37,537,470.36. U.S. Bancorp (NYSE: USB) stood at $33,424,851.69. Amgen (NASDAQ: AMGN) accounted for $33,187,696.56, and PepsiCo (NASDAQ: PEP) was valued at $29,165,388.36. The as-of date for these portfolio figures was July 31.

Five Holdings Lead Allocation

PNC Financial Services Group followed at 4.26%, with U.S. Bancorp at 3.8%. Amgen represented 3.77% of the portfolio. PepsiCo’s allocation was 3.31%. The five companies were listed as long positions. Their disclosed portfolio weights ranged from 3.31% to 4.42%.

Government Fund Position Listed

Federated Hermes Government Obligations Fund appeared as a separate long position in the portfolio. Its reported value was $2,858,174.54, equal to 0.32% of the holdings. The position carried the STIV RF asset-class designation. The Equity holdings in the portfolio carried the EC CORP classification.