Arch Capital Group Ltd. (NASDAQ:ACGLN – Get Rating)'s stock price dropped 1.3% during trading on Friday . The company traded as low as $19.50 and last traded at $19.51. Approximately 88,617 shares traded hands during mid-day trading, an increase of 10% from the average daily volume of 80,754 shares. The stock had previously closed at $19.77.
Arch Capital Group Stock Down 1.3 %
The business's fifty day simple moving average is $19.14 and its 200 day simple moving average is $18.95.
Get Arch Capital Group alerts:Institutional Investors Weigh In On Arch Capital Group
An institutional investor recently raised its position in Arch Capital Group stock. PNC Financial Services Group Inc. grew its holdings in shares of Arch Capital Group Ltd. (NASDAQ:ACGLN – Get Rating) by 273.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,646 shares of the company's stock after buying an additional 2,670 shares during the quarter. PNC Financial Services Group Inc.'s holdings in Arch Capital Group were worth $77,000 at the end of the most recent reporting period.
Arch Capital Group Company Profile
(Get Rating)Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; collateral protection, debt cancellation, and service contract reimbursement products; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.
Featured Stories
- Get a free copy of the StockNews.com research report on Arch Capital Group (ACGLN)
- Will Snowflake Have Tough Sledding, Trying To Keep Rally Alive?
- The Bottom Is In For Cloudflare Stock
- 3 Tickers Leading a Meme Stock Revival
- Microsoft-Activision Blizzard Merger: Navigating Risk and Reward
- Wall Street Says These 3 Stocks Will Grow Earnings In 2023
Receive News & Ratings for Arch Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arch Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.