Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sees Strong Trading Volume – Here’s Why

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) shares saw an uptick in trading volume on Friday . 404,561 shares were traded during mid-day trading, an increase of 6% from the previous session’s volume of 381,220 shares.The stock last traded at $29.45 and had previously closed at $29.88.

Eagle Capital Select Equity ETF Trading Down 2.1%

The business’s 50-day simple moving average is $31.75 and its two-hundred day simple moving average is $31.87. The company has a market capitalization of $3.35 billion, a PE ratio of 19.27 and a beta of 0.77.

Eagle Capital Select Equity ETF Dividend Announcement

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

Institutional Investors Weigh In On Eagle Capital Select Equity ETF

Hedge funds have recently bought and sold shares of the business. Prodigy Asset Management LLC grew its position in shares of Eagle Capital Select Equity ETF by 0.5% during the fourth quarter. Prodigy Asset Management LLC now owns 320,634 shares of the company’s stock worth $10,408,000 after buying an additional 1,745 shares in the last quarter. Atlanta Consulting Group Advisors LLC raised its holdings 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 acquiring an additional 1,845 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in Eagle Capital Select Equity ETF in the third quarter valued at $94,000. Burkett Financial Services LLC boosted its stake in Eagle Capital Select Equity ETF by 0.5% during the 4th quarter. Burkett Financial Services LLC now owns 647,552 shares of the company’s stock valued at $21,020,000 after acquiring an additional 3,531 shares during the last quarter. Finally, Permanens Capital L.P. boosted its stake in Eagle Capital Select Equity ETF by 0.5% during the 3rd quarter. Permanens Capital L.P. now owns 764,024 shares of the company’s stock valued at $23,883,000 after acquiring an additional 3,947 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

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.