Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sees Large Volume Increase – What’s Next?

Shares of Eagle Capital Select Equity ETF (NYSEARCA:EAGL) saw strong trading volume on Thursday . 150,946 shares changed hands during mid-day trading, an increase of 57% from the previous session’s volume of 96,162 shares.The stock last traded at $28.79 and had previously closed at $28.77.

Eagle Capital Select Equity ETF Stock Up 0.2 %

The firm has a market cap of $2.37 billion, a PE ratio of 21.82 and a beta of 1.04. The business has a 50 day simple moving average of $28.84 and a two-hundred day simple moving average of $28.03.

Hedge Funds Weigh In On Eagle Capital Select Equity ETF

A number of institutional investors have recently modified their holdings of EAGL. Prodigy Asset Management LLC purchased a new stake in shares of Eagle Capital Select Equity ETF in the fourth quarter valued at approximately $8,867,000. Brown Advisory Inc. boosted its position in Eagle Capital Select Equity ETF by 188.3% during the 4th quarter. Brown Advisory Inc. now owns 392,593 shares of the company’s stock valued at $10,934,000 after acquiring an additional 256,421 shares in the last quarter. Wealthstream Advisors Inc. purchased a new position in shares of Eagle Capital Select Equity ETF in the 4th quarter valued at $5,540,000. Sendero Wealth Management LLC lifted its stake in shares of Eagle Capital Select Equity ETF by 39.1% during the 4th quarter. Sendero Wealth Management LLC now owns 664,359 shares of the company’s stock worth $18,502,000 after purchasing an additional 186,835 shares during the last quarter. Finally, Triangle Securities Wealth Management bought a new stake in Eagle Capital Select Equity ETF during the fourth quarter valued at about $3,911,000.

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.