Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sees Unusually-High Trading Volume – What’s Next?

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) saw unusually-high trading volume on Tuesday . Approximately 453,785 shares traded hands during mid-day trading, an increase of 153% from the previous session’s volume of 179,323 shares.The stock last traded at $32.2090 and had previously closed at $32.12.

Eagle Capital Select Equity ETF Trading Up 0.1%

The firm has a 50-day simple moving average of $31.62 and a two-hundred day simple moving average of $30.67. The company has a market capitalization of $3.38 billion, a price-to-earnings ratio of 19.27 and a beta of 0.77.

Hedge Funds Weigh In On Eagle Capital Select Equity ETF

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

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.