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

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) reached a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $36.67 and last traded at $36.6460, with a volume of 39,603 shares. The stock had previously closed at $35.68.

Eagle Capital Select Equity ETF Price Performance

The stock’s 50-day moving average is $35.27 and its 200 day moving average is $33.24. The stock has a market cap of $4.91 billion, a price-to-earnings ratio of 22.61 and a beta of 0.75.

Institutional Trading of Eagle Capital Select Equity ETF

Hedge funds have recently modified their holdings of the business. Ameritas Advisory Services LLC purchased a new position in Eagle Capital Select Equity ETF in the second quarter worth $129,000. MSA Advisors LLC purchased a new stake in shares of Eagle Capital Select Equity ETF during the 1st quarter worth $154,000. Commonwealth Equity Services LLC purchased a new stake in shares of Eagle Capital Select Equity ETF during the 3rd quarter worth $206,000. Lavelle Capital LP purchased a new stake in shares of Eagle Capital Select Equity ETF during the 1st quarter worth $255,000. Finally, HB Wealth Management LLC grew its stake in shares of Eagle Capital Select Equity ETF by 32.7% during the 1st quarter. HB Wealth Management LLC now owns 16,260 shares of the company’s stock worth $495,000 after purchasing an additional 4,010 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

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.