Enact (ACT) Price, Holdings, & News

ETF Overview

Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. It engages in writing and assuming residential mortgage guaranty insurance. The company also offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; contract underwriting services for mortgage lenders; and mortgage-related reinsurance products. It primarily serves originators of residential mortgage loans. The company was formerly known as Genworth Mortgage Holdings, Inc. and changed its name to Enact Holdings, Inc. in May 2021. Enact Holdings, Inc. was founded in 1981 and is headquartered in Raleigh, North Carolina. Enact Holdings, Inc. operates as a subsidiary of Genworth Holdings Inc.

Key Stats

• Today's Range: $35.03 to $35.41
• 50-Day Range: $34.25 to $37.80
• 52-Week Range: $30.79 to $37.97
• Volume: 254,405 shs
• Average Volume: 339,430 shs
• Market Capitalization: $5.31 billion
• Assets Under Management: $12.40 million
• Dividend Yield: 2.38%
• Net Expense Ratio: 0.75%
• Aggregate Rating: N/A

ACT ETF - Frequently Asked Questions

How have ACT shares performed this year?

Enact's stock was trading at $32.38 on January 1st, 2025. Since then, ACT shares have increased by 9.2% and is now trading at $35.36.

How were Enact's earnings last quarter?

Enact Holdings, Inc. (NASDAQ:ACT) posted its quarterly earnings data on Wednesday, July, 30th. The company reported $1.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.11 by $0.04. The company earned $304.89 million during the quarter, compared to analysts' expectations of $307.54 million. Enact had a trailing twelve-month return on equity of 13.61% and a net margin of 55.35%.
Read the conference call transcript.

Is Enact buying back stock?

Enact's board authorized a stock repurchase plan on Wednesday, April 30th 2025, which allows the company to buy back $350,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 6.5% of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its shares are undervalued.

When did Enact IPO?

Enact (ACT) raised $253 million in an initial public offering (IPO) on Thursday, September 16th 2021. The company issued 13,310,400 shares at a price of $19.00 per share.

Who are Enact's major shareholders?

Top institutional investors of Enact include Allianz Asset Management GmbH (0.51%), Denali Advisors LLC (0.12%), Robeco Institutional Asset Management B.V. (0.11%) and Teacher Retirement System of Texas (0.09%). Insiders that own company stock include Genworth Holdings, Inc, Rohit Gupta, Brian Gould and James Mcmullen.
View institutional ownership trends.

How do I buy shares of Enact?

Shares of ACT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Enact own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Enact investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW) and e.l.f. Beauty (ELF).

Fund Details

• Issuer: AdvisorShares
• Fund Name: AdvisorShares Vice ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:ACT
• Inception Date: 12/12/2017
• Fund Manager: Dan S. Ahrens, Robert M. Parker
• Web: new.mortgageinsurance.genworth.com
• Phone: 919-846-4100

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Strategy
• Focus: Theme
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 0

Fund Statistics

• Assets Under Management: $12.40 million
• Average Daily Volume: $1.65 thousand
• Discount/Premium: 0.00%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: AdvisorShares Investments, LLC
• Custodian: The Bank of New York Mellon Corporation
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: N/A

Miscellaneous

• Outstanding Shares: 150,070,000
• Beta: 0.57