Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sees Large Volume Increase – What’s Next?

Shares of Eagle Capital Select Equity ETF (NYSEARCA:EAGL) saw strong trading volume on Wednesday . 394,924 shares traded hands during mid-day trading, a decline of 1% from the previous session’s volume of 400,306 shares.The stock last traded at $32.0140 and had previously closed at $32.60.

Eagle Capital Select Equity ETF Stock Down 0.3%

The company has a fifty day simple moving average of $32.76 and a 200-day simple moving average of $31.63. The firm has a market cap of $3.69 billion, a P/E ratio of 19.27 and a beta of 0.77.

Eagle Capital Select Equity ETF Announces Dividend

The company also recently disclosed 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 Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Atlanta Consulting Group Advisors LLC raised its holdings in Eagle Capital Select Equity ETF by 0.3% during the third quarter. Atlanta Consulting Group Advisors LLC now owns 576,689 shares of the company’s stock valued at $18,027,000 after acquiring an additional 1,845 shares during the period. Ameritas Advisory Services LLC bought a new stake in Eagle Capital Select Equity ETF during the 3rd quarter valued at approximately $94,000. Burkett Financial Services LLC lifted its holdings in Eagle Capital Select Equity ETF by 0.5% in the 4th quarter. Burkett Financial Services LLC now owns 647,552 shares of the company’s stock worth $21,020,000 after purchasing an additional 3,531 shares in the last quarter. Permanens Capital L.P. lifted its holdings in Eagle Capital Select Equity ETF by 0.5% in the 3rd quarter. Permanens Capital L.P. now owns 764,024 shares of the company’s stock worth $23,883,000 after purchasing an additional 3,947 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB grew its holdings in Eagle Capital Select Equity ETF by 11.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 56,164 shares of the company’s stock valued at $1,756,000 after buying an additional 5,825 shares in the last quarter. 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.