First Eagle Overseas Equity ETF (NYSE:FEOE – Get Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 465,016 shares, an increase of 265.9% from the August 15th total of 127,074 shares. Currently, 1.6% of the shares of the company are sold short. Based on an average daily volume of 470,933 shares, the days-to-cover ratio is currently 1.0 days.
Institutional Investors Weigh In On First Eagle Overseas Equity ETF
Institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC bought a new stake in shares of First Eagle Overseas Equity ETF in the 3rd quarter worth approximately $10,152,000. Janney Montgomery Scott LLC grew its stake in First Eagle Overseas Equity ETF by 32.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 464,452 shares of the company’s stock worth $23,436,000 after buying an additional 112,817 shares during the last quarter. Align Financial LLC acquired a new stake in First Eagle Overseas Equity ETF in the fourth quarter worth $3,438,000. Equitable Trust Co. bought a new stake in First Eagle Overseas Equity ETF in the first quarter valued at $3,377,000. Finally, Flow Traders U.S. LLC lifted its stake in First Eagle Overseas Equity ETF by 461.0% in the third quarter. Flow Traders U.S. LLC now owns 45,215 shares of the company’s stock valued at $2,085,000 after buying an additional 37,155 shares during the last quarter.
First Eagle Overseas Equity ETF Stock Up 1.2%
Shares of NYSE:FEOE traded up $0.64 on Friday, reaching $55.29. 174,853 shares of the company’s stock were exchanged, compared to its average volume of 272,925. The business’s 50-day moving average is $55.26 and its two-hundred day moving average is $53.65. First Eagle Overseas Equity ETF has a fifty-two week low of $45.26 and a fifty-two week high of $57.70. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 16.06 and a beta of 0.33.
First Eagle Overseas Equity ETF Company Profile
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.
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