Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sees Strong Trading Volume – Here’s Why

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) saw an uptick in trading volume on Wednesday . 258,677 shares traded hands during mid-day trading, an increase of 256% from the previous session’s volume of 72,609 shares.The stock last traded at $28.58 and had previously closed at $28.86.

Eagle Capital Select Equity ETF Trading Down 2.0 %

The stock has a market capitalization of $2.34 billion, a price-to-earnings ratio of 20.06 and a beta of 1.04. The firm’s fifty day moving average price is $28.88 and its 200 day moving average price is $28.28.

Institutional Investors Weigh In On Eagle Capital Select Equity ETF

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

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.