Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Hits New 12-Month High – Time to Buy?

Eagle Capital Select Equity ETF (NYSEARCA:EAGL)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $33.94 and last traded at $33.93, with a volume of 151342 shares traded. The stock had previously closed at $33.48.

Eagle Capital Select Equity ETF Trading Up 1.3%

The stock’s 50-day moving average price is $32.76 and its 200-day moving average price is $32.26. The stock has a market cap of $4.50 billion, a price-to-earnings ratio of 19.27 and a beta of 0.77.

Hedge Funds Weigh In On Eagle Capital Select Equity ETF

A number of hedge funds have recently bought and sold shares of EAGL. Brown Advisory Inc. boosted its position in shares of Eagle Capital Select Equity ETF by 50.4% during the 4th quarter. Brown Advisory Inc. now owns 6,772,608 shares of the company’s stock valued at $219,839,000 after purchasing an additional 2,268,844 shares in the last quarter. Brown Brothers Harriman & Co. grew its stake in Eagle Capital Select Equity ETF by 125.3% during the fourth quarter. Brown Brothers Harriman & Co. now owns 2,396,201 shares of the company’s stock worth $77,781,000 after purchasing an additional 1,332,500 shares during the period. Greenspring Advisors LLC bought a new stake in Eagle Capital Select Equity ETF in the fourth quarter worth approximately $11,415,000. Lazard Asset Management LLC increased its holdings in Eagle Capital Select Equity ETF by 30.6% in the first quarter. Lazard Asset Management LLC now owns 1,475,696 shares of the company’s stock worth $44,891,000 after purchasing an additional 346,153 shares in the last quarter. Finally, Glenmede Trust Co. NA lifted its stake in Eagle Capital Select Equity ETF by 10.9% in the first 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. Institutional investors own 65.27% of the company’s stock.

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.