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

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) shares saw strong trading volume on Tuesday . 112,774 shares were traded during trading, an increase of 42% from the previous session’s volume of 79,473 shares.The stock last traded at $27.89 and had previously closed at $28.01.

Eagle Capital Select Equity ETF Stock Performance

The company’s 50-day simple moving average is $28.81 and its 200 day simple moving average is $28.35. The company has a market cap of $2.38 billion, a PE ratio of 20.06 and a beta of 1.04.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of EAGL. Jane Street Group LLC purchased a new stake in shares of Eagle Capital Select Equity ETF during the third quarter worth approximately $1,404,000. HighTower Advisors LLC grew its holdings in Eagle Capital Select Equity ETF by 3.9% during the 3rd quarter. HighTower Advisors LLC now owns 160,660 shares of the company’s stock worth $4,394,000 after acquiring an additional 6,054 shares in the last quarter. MSA Advisors LLC purchased a new stake in shares of Eagle Capital Select Equity ETF in the 4th quarter valued at approximately $251,000. 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. Finally, Sendero Wealth Management LLC lifted its position 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.

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.