First Eagle Global Equity ETF $FEGE Shares Newly Purchased by Wedbush Securities Inc.

Wedbush Securities Inc. acquired a new stake in shares of First Eagle Global Equity ETF (NYSE:FEGE) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 128,541 shares of the company’s stock, valued at approximately $6,451,000.

A number of other institutional investors and hedge funds have also bought and sold shares of FEGE. Janney Montgomery Scott LLC raised its holdings in First Eagle Global Equity ETF by 176.2% in the first quarter. Janney Montgomery Scott LLC now owns 462,933 shares of the company’s stock worth $21,758,000 after buying an additional 295,337 shares during the last quarter. Equitable Trust Co. increased its position in shares of First Eagle Global Equity ETF by 363.2% during the first quarter. Equitable Trust Co. now owns 266,489 shares of the company’s stock valued at $12,525,000 after acquiring an additional 208,961 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. increased its position 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 acquiring an additional 1,604 shares in the last quarter. AdvisorNet Financial Inc raised its holdings in First Eagle Global Equity ETF by 12,834.3% in the 1st quarter. AdvisorNet Financial Inc now owns 9,054 shares of the company’s stock worth $426,000 after acquiring an additional 8,984 shares during the last quarter. Finally, Mascagni Wealth Management Inc. purchased a new position in First Eagle Global Equity ETF in the 1st quarter worth approximately $245,000.

First Eagle Global Equity ETF Trading Down 0.6%

FEGE stock traded down $0.29 during midday trading on Friday, hitting $52.20. The company’s stock had a trading volume of 515,660 shares, compared to its average volume of 358,588. The company has a market cap of $2.69 billion, a PE ratio of 18.15 and a beta of 0.54. First Eagle Global Equity ETF has a 12 month low of $43.55 and a 12 month high of $53.53. The firm’s 50-day moving average is $51.89 and its 200-day moving average is $50.50.

About First Eagle Global Equity ETF

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.