Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Hits New 52-Week High – Should You Buy?

Shares of Eagle Capital Select Equity ETF (NYSEARCA:EAGL) hit a new 52-week high during trading on Friday . The stock traded as high as $32.16 and last traded at $32.10, with a volume of 179518 shares traded. The stock had previously closed at $31.66.

Eagle Capital Select Equity ETF Trading Up 1.4%

The company has a market cap of $3.34 billion, a price-to-earnings ratio of 19.27 and a beta of 1.04. The firm’s 50-day moving average price is $31.20 and its 200 day moving average price is $29.66.

Institutional Trading of Eagle Capital Select Equity ETF

Hedge funds have recently bought and sold shares of the business. MSA Advisors LLC grew its position in Eagle Capital Select Equity ETF by 22.2% in the 1st quarter. MSA Advisors LLC now owns 11,000 shares of the company’s stock valued at $308,000 after purchasing an additional 2,000 shares during the period. Fiduciary Alliance LLC grew its position in Eagle Capital Select Equity ETF by 57.9% in the 2nd quarter. Fiduciary Alliance LLC now owns 94,947 shares of the company’s stock valued at $2,866,000 after purchasing an additional 34,834 shares during the period. Rector Church Wardens & Vestrymen of Trinity Church in the City of New York acquired a new stake in Eagle Capital Select Equity ETF in the 1st quarter valued at $40,201,000. Permanens Capital L.P. grew its position in Eagle Capital Select Equity ETF by 99.2% in the 1st quarter. Permanens Capital L.P. now owns 497,280 shares of the company’s stock valued at $13,929,000 after purchasing an additional 247,597 shares during the period. Finally, Sendero Wealth Management LLC grew its position in Eagle Capital Select Equity ETF by 37.2% in the 2nd quarter. Sendero Wealth Management LLC now owns 1,593,833 shares of the company’s stock valued at $48,102,000 after purchasing an additional 432,372 shares during the period. Institutional investors and hedge funds 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.