Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Reaches New 52-Week High – What’s Next?

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) hit a new 52-week high on Thursday . The stock traded as high as $31.00 and last traded at $30.99, with a volume of 255792 shares traded. The stock had previously closed at $30.89.

Eagle Capital Select Equity ETF Price Performance

The company has a 50-day moving average price of $30.15 and a two-hundred day moving average price of $28.84. The company has a market cap of $3.09 billion, a PE ratio of 19.27 and a beta of 1.04.

Institutional Investors Weigh In On Eagle Capital Select Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. MSA Advisors LLC boosted its position in shares of Eagle Capital Select Equity ETF by 22.2% in the first quarter. MSA Advisors LLC now owns 11,000 shares of the company’s stock worth $308,000 after buying an additional 2,000 shares during the period. Bank of America Corp DE purchased a new stake in shares of Eagle Capital Select Equity ETF in the second quarter worth about $383,000. Raymond James Financial Inc. purchased a new stake in shares of Eagle Capital Select Equity ETF in the fourth quarter worth about $363,000. Klingenstein Fields & Co. LP boosted its position in shares of Eagle Capital Select Equity ETF by 209.3% in the first quarter. Klingenstein Fields & Co. LP now owns 38,351 shares of the company’s stock worth $1,074,000 after buying an additional 25,952 shares during the period. Finally, Jane Street Group LLC purchased a new stake in shares of Eagle Capital Select Equity ETF in the first quarter worth about $1,096,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Eagle Capital Select Equity ETF Company Profile

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.