Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sees Large Volume Increase – Should You Buy?

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) shares saw an uptick in trading volume on Wednesday . 488,396 shares traded hands during trading, an increase of 4% from the previous session’s volume of 469,197 shares.The stock last traded at $33.4040 and had previously closed at $33.58.

Eagle Capital Select Equity ETF Trading Down 0.6%

The firm’s 50-day simple moving average is $32.17 and its 200 day simple moving average is $31.33. The stock has a market cap of $3.73 billion, a P/E ratio of 19.27 and a beta of 0.77.

Eagle Capital Select Equity ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a $0.1784 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 55.0%.

Institutional Investors Weigh In On Eagle Capital Select Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of EAGL. Jane Street Group LLC purchased a new position in Eagle Capital Select Equity ETF during the 1st quarter worth approximately $1,096,000. Fiduciary Alliance LLC increased its holdings in shares of Eagle Capital Select Equity ETF by 57.9% during the 2nd quarter. Fiduciary Alliance LLC now owns 94,947 shares of the company’s stock valued at $2,866,000 after acquiring an additional 34,834 shares during the last quarter. Sendero Wealth Management LLC raised its position in shares of Eagle Capital Select Equity ETF by 37.2% in the second quarter. Sendero Wealth Management LLC now owns 1,593,833 shares of the company’s stock valued at $48,102,000 after purchasing an additional 432,372 shares during the period. JPMorgan Chase & Co. lifted its position in Eagle Capital Select Equity ETF by 156.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,154,552 shares of the company’s stock worth $34,844,000 after acquiring an additional 703,694 shares during the last quarter. Finally, Brown Advisory Inc. lifted its position in shares of Eagle Capital Select Equity ETF by 162.6% during the 2nd quarter. Brown Advisory Inc. now owns 2,499,969 shares of the company’s stock worth $75,449,000 after purchasing an additional 1,547,799 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

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.