Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sees Large Volume Increase – Time to Buy?

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) saw unusually-strong trading volume on Tuesday . Approximately 112,774 shares traded hands during mid-day trading, an increase of 42% from the previous session’s volume of 79,473 shares.The stock last traded at $27.89 and had previously closed at $28.01.

Eagle Capital Select Equity ETF Price Performance

The stock has a market cap of $2.36 billion, a PE ratio of 20.06 and a beta of 1.04. The stock has a 50-day simple moving average of $28.84 and a 200-day simple moving average of $28.34.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. MSA Advisors LLC bought a new position in Eagle Capital Select Equity ETF during the 4th quarter valued at $251,000. HB Wealth Management LLC bought a new position in Eagle Capital Select Equity ETF during the fourth quarter worth $341,000. Raymond James Financial Inc. bought a new stake in Eagle Capital Select Equity ETF during the fourth quarter valued at $363,000. JPMorgan Chase & Co. bought a new stake in Eagle Capital Select Equity ETF during the fourth quarter valued at $1,064,000. Finally, Jane Street Group LLC bought a new position in shares of Eagle Capital Select Equity ETF in the 3rd quarter worth about $1,404,000.

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.