Aegon (NYSE:AEG) Shares Gap Down – What’s Next?

Aegon Ltd. (NYSE:AEG)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $6.75, but opened at $6.19. Aegon shares last traded at $6.10, with a volume of 4,028,962 shares trading hands.

Aegon Trading Down 10.1 %

The business has a fifty day moving average price of $6.24 and a 200 day moving average price of $6.25.

Institutional Investors Weigh In On Aegon

A number of hedge funds have recently made changes to their positions in AEG. NewEdge Advisors LLC lifted its stake in Aegon by 1,136.2% in the 4th quarter. NewEdge Advisors LLC now owns 4,846 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 4,454 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Aegon during the third quarter worth $48,000. Smartleaf Asset Management LLC lifted its stake in shares of Aegon by 70.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 9,184 shares of the financial services provider’s stock valued at $54,000 after acquiring an additional 3,802 shares during the last quarter. Waverly Advisors LLC bought a new stake in Aegon during the 4th quarter worth $65,000. Finally, Alliance Wealth Advisors LLC UT bought a new stake in Aegon during the 4th quarter worth $68,000. 4.32% of the stock is currently owned by institutional investors and hedge funds.

Aegon Company Profile

Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the United States, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, mutual funds, and stable value solutions; residential mortgage and digital baking services; and retail and institutional investment management solutions and retirement savings vehicles and strategies.