Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Stock Falls 1% – Here’s What Happened

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) dropped 1% during trading on Monday. The stock traded as low as $34.03 and last traded at $34.12. Approximately 311,291 shares traded hands during trading, a decline of 2% from the average session volume of 318,047 shares. The stock had previously closed at $34.45.

Eagle Capital Select Equity ETF Stock Down 1.0%

The company’s 50 day simple moving average is $34.77 and its two-hundred day simple moving average is $33.06. The company has a market capitalization of $4.60 billion, a price-to-earnings ratio of 19.27 and a beta of 0.76.

Institutional Trading of Eagle Capital Select Equity ETF

A number of institutional investors have recently made changes to their positions in the business. Prodigy Asset Management LLC raised its position in shares of Eagle Capital Select Equity ETF by 0.5% in the 4th quarter. Prodigy Asset Management LLC now owns 320,634 shares of the company’s stock valued at $10,408,000 after purchasing an additional 1,745 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in Eagle Capital Select Equity ETF during the 2nd quarter worth approximately $129,000. HB Wealth Management LLC grew its position in Eagle Capital Select Equity ETF by 32.7% during the 1st 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 last quarter. MSA Advisors LLC acquired a new position in Eagle Capital Select Equity ETF during the 1st quarter valued at approximately $154,000. Finally, Fiduciary Alliance LLC increased its stake in Eagle Capital Select Equity ETF by 6.5% during the 1st quarter. Fiduciary Alliance LLC now owns 119,941 shares of the company’s stock valued at $3,873,000 after purchasing an additional 7,345 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.