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Oakmark U.S. Large Cap ETF (NYSEARCA:OAKM - Get Free Report) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 72,421 shares, a growth of 255.0% from the February 26th total of 20,399 shares. Approximately 0.2% of the company's stock are short sold. Based on an average
Oakmark U.S. Large Cap ETF (NYSEARCA:OAKM - Get Free Report) saw a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 20,399 shares, an increase of 51.7% from the February 12th total of 13,447 shares. Based on an average daily trading volume, of 170,244 shares,
Oakmark US Large Cap ETF is an actively managed large-cap value ETF led by three experienced investment professionals. Its expense ratio is 0.59%, and the fund has $1.08B in assets under management. OAKM trades at an attractive 13.42x forward earnings and 2.11x trailing book value. With double-digit EPS growth forecasted for next year, it could be an excellent GARP play. However, this analysis highlights how OAKM's selections also have weak earnings surprises, earnings revisions, and quality relative to its two benchmarks.
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OAKM relies on the concept of intrinsic value to calibrate a large-cap portfolio that will be capable of delivering "long-term capital appreciation." Incepted in December 2024, OAKM has had a racy start as it has outsmarted IVV and a few value-heavy peers. OAKM's portfolio features only 35 equities, mostly financials, with a 5.5% adjusted weighted-average EY. Its quality is mostly robust, while growth is bleak without question.
Even with the end of the year fast approaching, investors still have time to fine-tune their equity portfolios for 2025. Many equity investors would likely agree that sticking to mega-cap tech names in the Magnificent Seven paid off well this year.
SEC filings for OAKM aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.