Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Short Interest Update

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 96,982 shares, a decline 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. Currently, 0.1% of the shares of the company are sold short.

Eagle Capital Select Equity ETF Stock Performance

Shares of EAGL opened at $33.93 on Friday. The company has a 50-day simple moving average of $32.76 and a 200-day simple moving average of $32.26. Eagle Capital Select Equity ETF has a 52 week low of $29.20 and a 52 week high of $33.95. The firm has a market capitalization of $4.51 billion, a P/E 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 added to or reduced their stakes in EAGL. Prodigy Asset Management LLC grew its holdings in shares of Eagle Capital Select Equity ETF by 0.5% during the 4th quarter. Prodigy Asset Management LLC now owns 320,634 shares of the company’s stock worth $10,408,000 after purchasing an additional 1,745 shares in the last quarter. Permanens Capital L.P. raised its stake in shares of Eagle Capital Select Equity ETF by 0.5% in the third quarter. Permanens Capital L.P. now owns 764,024 shares of the company’s stock valued at $23,883,000 after purchasing an additional 3,947 shares in the last quarter. HB Wealth Management LLC lifted its position in Eagle Capital Select Equity ETF by 32.7% in the first quarter. HB Wealth Management LLC now owns 16,260 shares of the company’s stock worth $495,000 after purchasing an additional 4,010 shares during the period. MSA Advisors LLC bought a new position in Eagle Capital Select Equity ETF in the first quarter worth $154,000. Finally, YHB Investment Advisors Inc. boosted its stake in Eagle Capital Select Equity ETF by 2.1% during the fourth quarter. YHB Investment Advisors Inc. now owns 318,518 shares of the company’s stock worth $10,339,000 after buying an additional 6,510 shares in the last quarter. Institutional investors and hedge funds 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.