Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Reaches New 1-Year High – Should You Buy?

by · The Markets Daily

Eagle Capital Select Equity ETF (NYSEARCA:EAGL – Get Free Report)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $35.50 and last traded at $35.50, with a volume of 61303 shares changing hands. The stock had previously closed at $34.72.

Eagle Capital Select Equity ETF Price Performance

The stock has a market cap of $4.71 billion, a price-to-earnings ratio of 19.27 and a beta of 0.75. The stock’s 50-day moving average is $33.33 and its 200-day moving average is $32.42.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in EAGL. Jane Street Group LLC purchased a new stake in Eagle Capital Select Equity ETF in the 1st quarter valued at about $1,096,000. Raymond James Financial Inc. increased its stake in shares of Eagle Capital Select Equity ETF by 26.7% during the 2nd quarter. Raymond James Financial Inc. now owns 62,747 shares of the company’s stock valued at $1,894,000 after acquiring an additional 13,237 shares during the last quarter. Bank of America Corp DE purchased a new position in shares of Eagle Capital Select Equity ETF during the 2nd quarter worth about $383,000. Lazard Asset Management LLC lifted its holdings in shares of Eagle Capital Select Equity ETF by 137.5% during the 2nd quarter. Lazard Asset Management LLC now owns 539,338 shares of the company’s stock worth $16,277,000 after acquiring an additional 312,291 shares during the period. Finally, UBS Group AG lifted its holdings in shares of Eagle Capital Select Equity ETF by 20.5% during the 3rd quarter. UBS Group AG now owns 164,229 shares of the company’s stock worth $5,134,000 after acquiring an additional 27,904 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

About Eagle Capital Select Equity ETF

(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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