First Eagle Global Equity ETF (NYSE:FEGE) Stock Short Interest Report for October

First Eagle Global Equity ETF (NYSE:FEGE) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 197,641 shares, a decline of 45.2% from the September 30th total of 360,875 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 321,297 shares, the short-interest ratio is presently 0.6 days.

First Eagle Global Equity ETF Stock Down 0.3%

First Eagle Global Equity ETF stock traded down $0.15 during midday trading on Friday, hitting $51.70. The company’s stock had a trading volume of 1,105,630 shares, compared to its average volume of 362,260. First Eagle Global Equity ETF has a 12 month low of $43.55 and a 12 month high of $53.53. The company has a market capitalization of $2.76 billion, a PE ratio of 18.15 and a beta of 0.54. The stock’s 50-day moving average price is $51.83 and its 200-day moving average price is $50.07.

Institutional Trading of First Eagle Global Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kestra Private Wealth Services LLC acquired a new position in First Eagle Global Equity ETF in the third quarter worth approximately $412,000. MN Wealth Advisors LLC boosted its stake in shares of First Eagle Global Equity ETF by 5.7% during the 3rd quarter. MN Wealth Advisors LLC now owns 312,619 shares of the company’s stock worth $15,690,000 after acquiring an additional 16,899 shares in the last quarter. Wedbush Securities Inc. bought a new stake in shares of First Eagle Global Equity ETF during the 3rd quarter worth $6,451,000. MJT & Associates Financial Advisory Group Inc. lifted its holdings in shares of First Eagle Global Equity ETF by 12.5% during the third quarter. MJT & Associates Financial Advisory Group Inc. now owns 14,463 shares of the company’s stock valued at $726,000 after purchasing an additional 1,604 shares during the last quarter. Finally, Allied Private Wealth LLC acquired a new stake in First Eagle Global Equity ETF during the 2nd quarter worth about $186,000.

First Eagle Global Equity ETF Company Profile

The First Eagle Global Equity ETF (FEGE) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing primarily in US and non-US equities. The fund aims for capital growth, utilizing a value approach to identify undervalued companies while prioritizing a margin of safety FEGE was launched on Dec 19, 2024 and is issued by First Eagle.