Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Eagle Capital Select Equity ETF (NYSEARCA:EAGL) saw strong trading volume on Wednesday . 228,327 shares changed hands during trading, an increase of 162% from the previous session’s volume of 87,069 shares.The stock last traded at $29.23 and had previously closed at $29.46.

Eagle Capital Select Equity ETF Stock Down 0.4 %

The stock has a market capitalization of $2.12 billion, a P/E ratio of 17.42 and a beta of 1.04. The company has a 50 day moving average of $28.75 and a 200-day moving average of $27.79.

Institutional Investors Weigh In On Eagle Capital Select Equity ETF

Several large investors have recently made changes to their positions in the company. MSA Advisors LLC acquired a new position in Eagle Capital Select Equity ETF during the 4th quarter valued at about $251,000. HB Wealth Management LLC bought a new position in shares of Eagle Capital Select Equity ETF in the fourth quarter valued at approximately $341,000. Raymond James Financial Inc. acquired a new position in shares of Eagle Capital Select Equity ETF during the fourth quarter valued at approximately $363,000. Klingenstein Fields & Co. LP raised its holdings in Eagle Capital Select Equity ETF by 68.6% during the third quarter. Klingenstein Fields & Co. LP now owns 22,991 shares of the company’s stock worth $629,000 after purchasing an additional 9,357 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in Eagle Capital Select Equity ETF in the fourth quarter worth approximately $1,064,000.

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.