Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sees Unusually-High Trading Volume – Here’s What Happened

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) saw strong trading volume on Wednesday . 518,784 shares were traded during trading, an increase of 183% from the previous session’s volume of 183,061 shares.The stock last traded at $32.54 and had previously closed at $32.64.

Eagle Capital Select Equity ETF Price Performance

The company’s fifty day simple moving average is $31.93 and its 200-day simple moving average is $31.07. The firm has a market capitalization of $3.42 billion, a PE ratio of 19.27 and a beta of 0.77.

Eagle Capital Select Equity ETF Dividend Announcement

The firm also recently announced an annual dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th will be paid a dividend of $0.1784 per share. This represents a yield of 55.0%. The ex-dividend date is Tuesday, December 30th.

Institutional Investors Weigh In On Eagle Capital Select Equity ETF

Several institutional investors have recently added to or reduced their stakes in the business. Atlanta Consulting Group Advisors LLC raised its position in Eagle Capital Select Equity ETF by 0.3% in the third quarter. Atlanta Consulting Group Advisors LLC now owns 576,689 shares of the company’s stock valued at $18,027,000 after purchasing an additional 1,845 shares during the period. Ameritas Advisory Services LLC purchased a new stake in Eagle Capital Select Equity ETF in the 3rd quarter valued at about $94,000. Permanens Capital L.P. lifted its position in Eagle Capital Select Equity ETF by 0.5% in the third quarter. Permanens Capital L.P. now owns 764,024 shares of the company’s stock valued at $23,883,000 after buying an additional 3,947 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its stake in Eagle Capital Select Equity ETF by 11.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 56,164 shares of the company’s stock worth $1,756,000 after buying an additional 5,825 shares during the period. Finally, Susquehanna International Group LLP purchased a new position in Eagle Capital Select Equity ETF during the third quarter worth about $215,000. 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.