Equitable Trust Co. boosted its holdings in shares of First Eagle Global Equity ETF (NYSEARCA:FEGE – Free Report) by 363.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 266,489 shares of the company’s stock after buying an additional 208,961 shares during the quarter. Equitable Trust Co.’s holdings in First Eagle Global Equity ETF were worth $12,525,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Carolina Wealth Advisors LLC bought a new position in First Eagle Global Equity ETF in the fourth quarter worth approximately $30,000. Dougherty Wealth Advisers LLC purchased a new position in shares of First Eagle Global Equity ETF during the 4th quarter worth $52,000. Harbor Investment Advisory LLC bought a new stake in shares of First Eagle Global Equity ETF during the 1st quarter valued at $78,000. Hilton Head Capital Partners LLC bought a new stake in shares of First Eagle Global Equity ETF during the 4th quarter valued at $78,000. Finally, Private Trust Co. NA grew its position in shares of First Eagle Global Equity ETF by 83.0% during the 4th quarter. Private Trust Co. NA now owns 1,830 shares of the company’s stock valued at $84,000 after acquiring an additional 830 shares during the period.
First Eagle Global Equity ETF Price Performance
NYSEARCA:FEGE opened at $49.45 on Friday. First Eagle Global Equity ETF has a one year low of $40.01 and a one year high of $51.47. The business has a fifty day moving average price of $49.55 and a 200-day moving average price of $48.88. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 18.15 and a beta of 0.51.
First Eagle Global Equity ETF 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.
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