Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Reaches New 52-Week High – Time to Buy?

Shares of Eagle Capital Select Equity ETF (NYSEARCA:EAGL) hit a new 52-week high on Monday . The stock traded as high as $33.17 and last traded at $33.21, with a volume of 8511 shares. The stock had previously closed at $32.68.

Eagle Capital Select Equity ETF Stock Up 2.3%

The company has a market cap of $3.64 billion, a PE ratio of 19.27 and a beta of 0.77. The stock’s 50 day simple moving average is $31.96 and its two-hundred day simple moving average is $31.14.

Eagle Capital Select Equity ETF Announces Dividend

The business also recently disclosed 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 Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Ameritas Advisory Services LLC acquired a new stake in Eagle Capital Select Equity ETF during the 3rd quarter valued at $94,000. Susquehanna International Group LLP acquired a new position in Eagle Capital Select Equity ETF in the 3rd quarter worth $215,000. HB Wealth Management LLC purchased a new position in Eagle Capital Select Equity ETF in the 3rd quarter valued at about $383,000. Bank of America Corp DE acquired a new stake in shares of Eagle Capital Select Equity ETF during the second quarter valued at about $383,000. Finally, Jane Street Group LLC acquired a new stake in shares of Eagle Capital Select Equity ETF during the first quarter valued at about $1,096,000. 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.