Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sees Significant Drop in Short Interest

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 96,982 shares, a decrease of 40.1% from the June 30th total of 161,897 shares. Based on an average daily volume of 368,500 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Eagle Capital Select Equity ETF Stock Up 1.3%

EAGL traded up $0.45 during trading on Friday, reaching $33.93. The company’s stock had a trading volume of 216,557 shares, compared to its average volume of 349,689. The firm has a fifty day simple moving average of $32.76 and a two-hundred day simple moving average of $32.26. Eagle Capital Select Equity ETF has a 1 year low of $29.20 and a 1 year high of $33.95. The company has a market cap of $4.51 billion, a price-to-earnings ratio of 19.27 and a beta of 0.77.

Institutional Trading of Eagle Capital Select Equity ETF

Institutional investors have recently made changes to their positions in the company. Prodigy Asset Management LLC boosted its stake in Eagle Capital Select Equity ETF by 0.5% during the fourth quarter. Prodigy Asset Management LLC now owns 320,634 shares of the company’s stock worth $10,408,000 after buying an additional 1,745 shares during the period. Permanens Capital L.P. raised its stake in shares of Eagle Capital Select Equity ETF by 0.5% in the 3rd quarter. Permanens Capital L.P. now owns 764,024 shares of the company’s stock valued at $23,883,000 after acquiring an additional 3,947 shares during the period. HB Wealth Management LLC raised its stake in shares of Eagle Capital Select Equity ETF by 32.7% in the 1st quarter. HB Wealth Management LLC now owns 16,260 shares of the company’s stock valued at $495,000 after acquiring an additional 4,010 shares during the period. MSA Advisors LLC acquired a new position in shares of Eagle Capital Select Equity ETF in the 1st quarter worth approximately $154,000. Finally, YHB Investment Advisors Inc. lifted its holdings in shares of Eagle Capital Select Equity ETF by 2.1% in the 4th quarter. YHB Investment Advisors Inc. now owns 318,518 shares of the company’s stock worth $10,339,000 after acquiring an additional 6,510 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

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. EAGL was launched on Mar 21, 2024 and is issued by Eagle.