First Eagle Overseas Equity ETF (NYSE:FEOE – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 50,868 shares, a decrease of 86.2% from the September 15th total of 367,902 shares. Based on an average daily volume of 214,810 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are short sold.
Institutional Investors Weigh In On First Eagle Overseas Equity ETF
Several hedge funds have recently modified their holdings of the stock. Janney Montgomery Scott LLC raised its stake in shares of First Eagle Overseas Equity ETF by 32.1% during the first quarter. Janney Montgomery Scott LLC now owns 464,452 shares of the company’s stock valued at $23,436,000 after purchasing an additional 112,817 shares during the period. Continuum Advisory LLC boosted its stake in shares of First Eagle Overseas Equity ETF by 10.9% in the second quarter. Continuum Advisory LLC now owns 238,288 shares of the company’s stock valued at $12,725,000 after purchasing an additional 23,471 shares during the period. Farther Finance Advisors LLC grew its holdings in First Eagle Overseas Equity ETF by 20.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 79,554 shares of the company’s stock valued at $4,278,000 after purchasing an additional 13,488 shares in the last quarter. Equitable Trust Co. acquired a new stake in First Eagle Overseas Equity ETF during the 1st quarter valued at $3,377,000. Finally, Valeo Financial Advisors LLC increased its stake in First Eagle Overseas Equity ETF by 14.4% during the 3rd 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 Trading Up 0.7%
Shares of FEOE traded up $0.36 during midday trading on Friday, reaching $54.41. 181,388 shares of the company were exchanged, compared to its average volume of 270,128. First Eagle Overseas Equity ETF has a 1-year low of $45.50 and a 1-year high of $57.70. The stock has a 50-day moving average price of $55.36 and a 200-day moving average price of $53.92. The company has a market cap of $1.96 billion, a price-to-earnings 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.
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