Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sees Large Volume Increase – Should You Buy?

Shares of Eagle Capital Select Equity ETF (NYSEARCA:EAGL) saw strong trading volume on Thursday. 1,325,625 shares traded hands during mid-day 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 Down 0.4%

The company’s fifty day moving average price is $34.82 and its two-hundred day moving average price is $33.11. The company has a market cap of $4.55 billion, a price-to-earnings ratio of 19.27 and a beta of 0.76.

Hedge Funds Weigh In On Eagle Capital Select Equity ETF

A number of large investors have recently added to or reduced their stakes in EAGL. Brown Advisory Inc. boosted its stake in shares of Eagle Capital Select Equity ETF by 50.4% during the 4th quarter. Brown Advisory Inc. now owns 6,772,608 shares of the company’s stock worth $219,839,000 after acquiring an additional 2,268,844 shares during the period. Greenspring Advisors LLC bought a new stake in Eagle Capital Select Equity ETF in the 4th quarter valued at $11,415,000. Lazard Asset Management LLC raised its stake in Eagle Capital Select Equity ETF by 30.6% in the 1st quarter. Lazard Asset Management LLC now owns 1,475,696 shares of the company’s stock valued at $44,891,000 after acquiring an additional 346,153 shares during the period. Glenmede Trust Co. NA lifted its holdings in Eagle Capital Select Equity ETF by 10.9% during the 1st quarter. Glenmede Trust Co. NA now owns 1,942,324 shares of the company’s stock valued at $59,085,000 after purchasing an additional 191,024 shares during the last quarter. Finally, Piedmont Capital Management LLC NC acquired a new stake in Eagle Capital Select Equity ETF during the 4th quarter valued at $4,079,000. 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. EAGL was launched on Mar 21, 2024 and is issued by Eagle.