Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sees Large Volume Increase – Here’s Why

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) saw strong trading volume on Thursday . 150,946 shares traded hands during trading, an increase of 57% from the previous session’s volume of 96,162 shares.The stock last traded at $28.79 and had previously closed at $28.77.

Eagle Capital Select Equity ETF Price Performance

The company has a market cap of $2.37 billion, a price-to-earnings ratio of 21.82 and a beta of 1.04. The company’s 50-day simple moving average is $28.87 and its 200-day simple moving average is $28.06.

Institutional Trading of Eagle Capital Select Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. MSA Advisors LLC bought a new stake in shares of Eagle Capital Select Equity ETF in the fourth quarter worth $251,000. HB Wealth Management LLC acquired a new stake in shares of Eagle Capital Select Equity ETF in the 4th quarter valued at about $341,000. Raymond James Financial Inc. bought a new position in shares of Eagle Capital Select Equity ETF during the fourth quarter worth about $363,000. Klingenstein Fields & Co. LP grew its stake in Eagle Capital Select Equity ETF by 68.6% in the third quarter. Klingenstein Fields & Co. LP now owns 22,991 shares of the company’s stock worth $629,000 after purchasing an additional 9,357 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in Eagle Capital Select Equity ETF in the fourth quarter valued at about $1,064,000.

About Eagle Capital Select Equity ETF

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.