Glenmede Investment Management LP grew its position in Eagle Capital Select Equity ETF (NYSEARCA:EAGL) by 42.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,411,288 shares of the company's stock after acquiring an additional 420,230 shares during the period. Glenmede Investment
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JS Jeremy Szuch MSA Advisors LLC | 5,050 | $153,621 | $169,528.5 | $15,907.5 | 10.36% |
| WTM W. Travis McKinney HB Wealth Management LLC | 16,260 | $504,919.2 | $549,588 | $44,668.8 | 8.85% |
| VL Victoria Latham Fiduciary Alliance LLC | 119,941 | $3.51M | $4.05M | $532,648.36 | 15.16% |
Jessica Riley Hale GC Wealth Management RIA, LLC | 249,622 | $7.83M | $8.37M | $545,611.28 | 6.97% |
Mary C. Johnston Atlanta Consulting Group Advisors, LLC | 576,446 | $16.17M | $19.43M | $3.27M | 20.22% |
| ARCA Exchange | US Country |
The fund described focuses primarily on investing in equity securities, encompassing a broad spectrum of financial instruments including common and preferred shares, both from U.S.-based and international companies. The strategy also includes investments in other investment companies that primarily engage in equity securities, as well as various forms of depositary receipts like ADRs (American Depositary Receipts) and GDRs (Global Depositary Receipts), which represent ownership in foreign companies. This approach highlights a significant orientation towards equity as the primary asset class, leveraging both direct securities and indirect investment vehicles to access global equity markets. Notably, the fund adopts a non-diversified investment strategy, meaning it may concentrate its assets in fewer holdings than a diversified fund, potentially increasing its exposure to the volatility of specific investments.
The fund invests predominantly in equity securities, which include common and preferred shares. These shares can be of companies located in the United States or abroad, providing investors with a spectrum of equity investment opportunities across different geographic regions and industries. Equity investments are essential for those looking to gain from capital appreciation and, in some cases, dividends.
Part of the fund's assets may be allocated to shares of other investment companies that focus on equity securities. This strategy allows the fund to diversify its investment approach by leveraging the expertise and specific strategies of specialized investment companies, thus potentially benefiting from their performance.
The fund engages in investments through depositary receipts, such as ADRs and GDRs. These instruments represent a stake in foreign equity securities and offer a pathway for investors to gain exposure to international markets without the complexities often associated with direct investments in foreign countries. ADRs and GDRs are traded on exchanges and can provide both diversification benefits and exposure to non-U.S. economies.