Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sees Large Increase in Short Interest

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) was the recipient of a large growth in short interest in October. As of October 30th, there was short interest totaling 231,160 shares, a growth of 321.7% from the October 15th total of 54,821 shares. Based on an average daily volume of 308,167 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Eagle Capital Select Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of EAGL. Sageworth Trust Co boosted its position in shares of Eagle Capital Select Equity ETF by 80.1% in the third quarter. Sageworth Trust Co now owns 1,673,137 shares of the company’s stock worth $56,937,000 after buying an additional 744,138 shares during the period. Lazard Asset Management LLC raised its holdings in shares of Eagle Capital Select Equity ETF by 30.6% during the 1st quarter. Lazard Asset Management LLC now owns 1,475,696 shares of the company’s stock valued at $44,891,000 after buying an additional 346,153 shares during the period. BCS Private Wealth Management Inc. raised its holdings in shares of Eagle Capital Select Equity ETF by 27.0% during the 3rd quarter. BCS Private Wealth Management Inc. now owns 1,223,625 shares of the company’s stock valued at $41,640,000 after buying an additional 260,240 shares during the period. Glenmede Trust Co. NA raised its holdings in shares of 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 buying an additional 191,024 shares during the period. Finally, Sepio Capital LP lifted its position in Eagle Capital Select Equity ETF by 80.3% during the 3rd quarter. Sepio Capital LP now owns 141,809 shares of the company’s stock worth $4,826,000 after acquiring an additional 63,166 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Eagle Capital Select Equity ETF Stock Performance

Shares of EAGL stock opened at $36.21 on Thursday. The stock has a fifty day moving average price of $35.28 and a 200 day moving average price of $33.29. The stock has a market cap of $4.99 billion, a PE ratio of 22.61 and a beta of 0.75. Eagle Capital Select Equity ETF has a 1 year low of $29.23 and a 1 year high of $36.86.

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. EAGL was launched on Mar 21, 2024 and is issued by Eagle.