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 Wednesday . 488,396 shares were traded 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 Stock Down 0.5%

The firm has a market cap of $3.81 billion, a PE ratio of 19.27 and a beta of 0.77. The business has a 50-day moving average price of $32.25 and a two-hundred day moving average price of $31.36.

Eagle Capital Select Equity ETF Dividend Announcement

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

Institutional Trading of Eagle Capital Select Equity ETF

A number of large investors have recently made changes to their positions in EAGL. Ameritas Advisory Services LLC acquired a new stake in Eagle Capital Select Equity ETF in the third quarter valued at approximately $94,000. Susquehanna International Group LLP purchased a new stake in shares of Eagle Capital Select Equity ETF in the 3rd quarter valued at approximately $215,000. HB Wealth Management LLC acquired a new stake in shares of Eagle Capital Select Equity ETF in the 3rd quarter valued at $383,000. Bank of America Corp DE acquired a new stake in shares of Eagle Capital Select Equity ETF in the 2nd quarter valued at $383,000. Finally, Jane Street Group LLC purchased a new stake in shares of Eagle Capital Select Equity ETF during the 1st quarter worth $1,096,000. 65.27% of the stock is currently owned by hedge funds and other 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.