First Eagle Overseas Equity ETF (NYSE:FEOE – Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 229,612 shares, a growth of 351.4% from the September 30th total of 50,868 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 268,570 shares, the days-to-cover ratio is presently 0.9 days.
Hedge Funds Weigh In On First Eagle Overseas Equity ETF
Hedge funds and other institutional investors have recently made changes to their positions in the business. MN Wealth Advisors LLC lifted its position in First Eagle Overseas Equity ETF by 7.2% during the third quarter. MN Wealth Advisors LLC now owns 7,464 shares of the company’s stock valued at $401,000 after purchasing an additional 500 shares during the period. Wedbush Securities Inc. bought a new stake in First Eagle Overseas Equity ETF during the third quarter worth approximately $205,000. Root Financial Partners LLC bought a new stake in First Eagle Overseas Equity ETF in the third quarter worth about $104,000. Farther Finance Advisors LLC raised its stake in shares of First Eagle Overseas Equity ETF by 20.4% during the third quarter. Farther Finance Advisors LLC now owns 79,554 shares of the company’s stock valued at $4,278,000 after acquiring an additional 13,488 shares in the last quarter. Finally, Valeo Financial Advisors LLC lifted its holdings in First Eagle Overseas Equity ETF by 14.4% during the third quarter. Valeo Financial Advisors LLC now owns 49,533 shares of the company’s stock worth $2,663,000 after buying an additional 6,236 shares during the period.
First Eagle Overseas Equity ETF Price Performance
Shares of NYSE FEOE traded down $0.37 during trading on Thursday, hitting $55.04. The stock had a trading volume of 265,248 shares, compared to its average volume of 269,285. First Eagle Overseas Equity ETF has a 12 month low of $45.63 and a 12 month high of $57.70. The firm has a fifty day moving average of $55.14 and a two-hundred day moving average of $53.62. The company has a market capitalization of $2.05 billion, a PE ratio of 16.06 and a beta of 0.37.
About First Eagle Overseas Equity ETF
The First Eagle Overseas Equity ETF (FEOE) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, primarily investing in equities of non-US companies. Utilizing a value investment approach, it seeks firms with a margin of safety, prioritizing those trading below intrinsic value to mitigate risks FEOE was launched on Dec 19, 2024 and is issued by First Eagle.
Recommended Stories
- Five stocks we like better than First Eagle Overseas Equity ETF
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Receive News & Ratings for First Eagle Overseas Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Eagle Overseas Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
