Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) Stock Price Down 1.4% – Time to Sell?

Posted by Stephan Jacobs on Mar 19th, 2026

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

Overlay Shares Large Cap Equity ETF Stock Performance

The firm’s 50 day moving average price is $53.34 and its 200-day moving average price is $52.83. The firm has a market capitalization of $175.86 million, a PE ratio of 24.33 and a beta of 1.15.

Overlay Shares Large Cap Equity ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 26th. Investors 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 Trading of Overlay Shares Large Cap Equity ETF

Several institutional investors have recently bought and sold shares of OVL. Janney Montgomery Scott LLC increased its position in shares of Overlay Shares Large Cap Equity ETF by 5.5% in 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 in the last quarter. CoreCap Advisors LLC purchased a new position in shares of Overlay Shares Large Cap Equity ETF during the 3rd quarter valued at approximately $57,000. Finally, Nicolet Bankshares Inc. purchased a new position in shares of Overlay Shares Large Cap Equity ETF during the 2nd quarter valued at approximately $214,000.

Overlay Shares Large Cap Equity ETF Company Profile

(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.