Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sets New 1-Year High – Should You Buy?

Eagle Capital Select Equity ETF (NYSEARCA:EAGL)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $35.38 and last traded at $35.23, with a volume of 96581 shares changing hands. The stock had previously closed at $35.20.

Eagle Capital Select Equity ETF Stock Performance

The company has a market cap of $4.68 billion, a P/E ratio of 19.27 and a beta of 0.75. The stock has a 50-day moving average of $33.00 and a two-hundred day moving average of $32.32.

Institutional Trading of Eagle Capital Select Equity ETF

Several institutional investors have recently added to or reduced their stakes in EAGL. Jane Street Group LLC purchased a new position in shares of Eagle Capital Select Equity ETF in the first quarter worth about $1,096,000. Raymond James Financial Inc. boosted its holdings in Eagle Capital Select Equity ETF by 26.7% during the 2nd quarter. Raymond James Financial Inc. now owns 62,747 shares of the company’s stock valued at $1,894,000 after acquiring an additional 13,237 shares during the period. Bank of America Corp DE bought a new position in Eagle Capital Select Equity ETF during the 2nd quarter worth approximately $383,000. Lazard Asset Management LLC grew its position in Eagle Capital Select Equity ETF by 137.5% during the 2nd quarter. Lazard Asset Management LLC now owns 539,338 shares of the company’s stock worth $16,277,000 after acquiring an additional 312,291 shares during the last quarter. Finally, UBS Group AG increased its stake in Eagle Capital Select Equity ETF by 20.5% in the 3rd quarter. UBS Group AG now owns 164,229 shares of the company’s stock worth $5,134,000 after purchasing an additional 27,904 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

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.