Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Hits New 1-Year High – Here’s What Happened

Shares of Eagle Capital Select Equity ETF (NYSEARCA:EAGL) reached a new 52-week high during trading on Wednesday . The stock traded as high as $35.50 and last traded at $35.50, with a volume of 61303 shares traded. The stock had previously closed at $34.72.

Eagle Capital Select Equity ETF Stock Up 2.2%

The stock has a market capitalization of $4.71 billion, a PE ratio of 19.27 and a beta of 0.75. The stock’s 50-day moving average is $33.21 and its 200 day moving average is $32.38.

Hedge Funds Weigh In On Eagle Capital Select Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Lavelle Capital LP purchased a new stake in shares of Eagle Capital Select Equity ETF during the first quarter worth $255,000. Glenmede Trust Co. NA grew 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 purchasing an additional 191,024 shares in the last quarter. Bank of America Corp DE increased its position in 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 worth $1,630,000 after purchasing an additional 50,967 shares during the last quarter. MSA Advisors LLC acquired a new position in Eagle Capital Select Equity ETF in the 1st quarter worth about $154,000. Finally, Lazard Asset Management LLC raised its stake in shares of Eagle Capital Select Equity ETF by 30.6% during the 1st 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. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Eagle Capital Select Equity ETF Company Profile

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.