Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Shares Down 1% – What’s Next?

Shares of Eagle Capital Select Equity ETF (NYSEARCA:EAGL) fell 1% during mid-day trading on Monday. The company traded as low as $34.03 and last traded at $34.12. 311,291 shares traded hands during mid-day trading, a decline of 2% from the average daily volume of 318,047 shares. The stock had previously closed at $34.45.

Eagle Capital Select Equity ETF Trading Down 1.0%

The stock has a 50-day simple moving average of $34.77 and a 200 day simple moving average of $33.06. The company has a market cap of $4.60 billion, a price-to-earnings ratio of 19.27 and a beta of 0.76.

Institutional Investors Weigh In On Eagle Capital Select Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Ameritas Advisory Services LLC acquired a new position in Eagle Capital Select Equity ETF in the 2nd quarter worth approximately $129,000. XP Advisory US Inc. acquired a new stake in Eagle Capital Select Equity ETF during the 2nd quarter valued at approximately $753,000. Lavelle Capital LP acquired a new stake in Eagle Capital Select Equity ETF during the 1st quarter valued at approximately $255,000. Glenmede Trust Co. NA boosted its holdings in shares of Eagle Capital Select Equity ETF by 10.9% in the 1st quarter. Glenmede Trust Co. NA now owns 1,942,324 shares of the company’s stock valued at $59,085,000 after acquiring an additional 191,024 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Eagle Capital Select Equity ETF by 1,956.5% in the 1st quarter. Bank of America Corp DE now owns 53,572 shares of the company’s stock valued at $1,630,000 after acquiring an additional 50,967 shares during the last quarter. Institutional investors and hedge funds 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.