Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Reaches New 12-Month High – Should You Buy?

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

Eagle Capital Select Equity ETF Stock Up 2.2%

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

Hedge Funds Weigh In On Eagle Capital Select Equity ETF

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC bought a new position in shares of Eagle Capital Select Equity ETF in the 1st quarter valued at approximately $1,096,000. Raymond James Financial Inc. boosted its position in Eagle Capital Select Equity ETF by 26.7% during the second quarter. Raymond James Financial Inc. now owns 62,747 shares of the company’s stock worth $1,894,000 after purchasing an additional 13,237 shares during the period. Bank of America Corp DE acquired a new position in Eagle Capital Select Equity ETF during the second quarter valued at approximately $383,000. Lazard Asset Management LLC raised its position in shares of Eagle Capital Select Equity ETF by 137.5% in the second quarter. Lazard Asset Management LLC now owns 539,338 shares of the company’s stock valued at $16,277,000 after purchasing an additional 312,291 shares during the period. Finally, UBS Group AG raised its position in shares of Eagle Capital Select Equity ETF by 20.5% in the third quarter. UBS Group AG now owns 164,229 shares of the company’s stock valued at $5,134,000 after purchasing an additional 27,904 shares during the period. 65.27% of the stock is currently owned by 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.