Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) Trading Down 1.4% – Here’s What Happened

Posted by James Conley on Mar 19th, 2026

Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL – Get Free Report)’s stock price fell 1.4% during trading on Wednesday . The stock traded as low as $51.37 and last traded at $51.42. 25,512 shares traded hands during mid-day trading, an increase of 7% from the average session volume of 23,910 shares. The stock had previously closed at $52.16.

Overlay Shares Large Cap Equity ETF Trading Down 1.4%

The firm has a 50-day simple moving average of $53.34 and a two-hundred day simple moving average of $52.83. The company has a market capitalization of $175.86 million, a price-to-earnings ratio of 24.33 and a beta of 1.15.

Overlay Shares Large Cap Equity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 26th. Shareholders of record on Wednesday, February 25th were issued a $0.4655 dividend. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $1.86 dividend on an annualized basis and a yield of 3.6%.

Institutional Investors Weigh In On Overlay Shares Large Cap Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in OVL. CoreCap Advisors LLC acquired a new position in shares of Overlay Shares Large Cap Equity ETF in the 3rd quarter valued at $57,000. Nicolet Bankshares Inc. purchased a new stake in Overlay Shares Large Cap Equity ETF during the second quarter worth $214,000. Finally, Janney Montgomery Scott LLC grew its position in Overlay Shares Large Cap Equity ETF by 5.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 37,921 shares of the company’s stock valued at $2,018,000 after buying an additional 1,969 shares during the period.

About Overlay Shares Large Cap Equity ETF

(Get Free Report)

The Overlay Shares Large Cap Equity ETF (OVL) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to large cap U.S. equities combined with a put spread option overlay strategy. OVL was launched on Sep 30, 2019 and is managed by Overlay Shares.