Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sees Large Volume Increase – What’s Next?

by · The Markets Daily

Eagle Capital Select Equity ETF (NYSEARCA:EAGL – Get Free Report) shares saw strong trading volume on Thursday. Approximately 1,325,625 shares changed hands during trading, an increase of 319% from the previous session’s volume of 316,585 shares. The stock last traded at $33.8220 and had previously closed at $34.03.

Eagle Capital Select Equity ETF Stock Performance

The firm has a market cap of $4.55 billion, a P/E ratio of 19.27 and a beta of 0.76. The company has a 50-day moving average of $34.82 and a 200 day moving average of $33.11.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in EAGL. Brown Advisory Inc. grew its holdings in shares of Eagle Capital Select Equity ETF by 50.4% in the 4th quarter. Brown Advisory Inc. now owns 6,772,608 shares of the company’s stock valued at $219,839,000 after buying an additional 2,268,844 shares during the period. Glenmede Trust Co. NA raised its position in shares of Eagle Capital Select Equity ETF by 10.9% during the first quarter. Glenmede Trust Co. NA now owns 1,942,324 shares of the company’s stock worth $59,085,000 after purchasing an additional 191,024 shares during the period. Lazard Asset Management LLC raised its position in shares of Eagle Capital Select Equity ETF by 30.6% during the first quarter. Lazard Asset Management LLC now owns 1,475,696 shares of the company’s stock worth $44,891,000 after purchasing an additional 346,153 shares during the period. Red Door Wealth Management LLC lifted its holdings in shares of Eagle Capital Select Equity ETF by 6.1% during the 1st quarter. Red Door Wealth Management LLC now owns 1,130,228 shares of the company’s stock valued at $34,382,000 after purchasing an additional 64,783 shares in the last quarter. Finally, Greenspring Advisors LLC acquired a new position in shares of Eagle Capital Select Equity ETF in the 4th quarter valued at approximately $11,415,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Eagle Capital Select Equity ETF Company Profile

(Get Free Report)

The Eagle Capital Select Equity ETF (EAGL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in value stocks from around the globe, selected based on the advisers estimate of long-term intrinsic value. The ETF converted from a separately managed account. EAGL was launched on Mar 21, 2024 and is issued by Eagle.

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