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

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 86,269 shares, a growth of 136.0% from the January 15th total of 36,558 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 305,867 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 305,867 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Eagle Capital Select Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new position in shares of Eagle Capital Select Equity ETF in the 1st quarter valued at about $1,096,000. JPMorgan Chase & Co. grew its position in Eagle Capital Select Equity ETF by 156.1% during the second quarter. JPMorgan Chase & Co. now owns 1,154,552 shares of the company’s stock valued at $34,844,000 after purchasing an additional 703,694 shares in the last quarter. Brown Advisory Inc. increased its stake in Eagle Capital Select Equity ETF by 162.6% in the 2nd quarter. Brown Advisory Inc. now owns 2,499,969 shares of the company’s stock valued at $75,449,000 after buying an additional 1,547,799 shares during the period. Cresset Asset Management LLC purchased a new stake in Eagle Capital Select Equity ETF in the 2nd quarter worth approximately $114,229,000. Finally, BCS Private Wealth Management Inc. acquired a new stake in shares of Eagle Capital Select Equity ETF during the 2nd quarter valued at $30,716,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

Eagle Capital Select Equity ETF Stock Performance

Shares of NYSEARCA EAGL traded down $0.25 during trading on Thursday, hitting $31.73. The company had a trading volume of 245,995 shares, compared to its average volume of 389,317. Eagle Capital Select Equity ETF has a 52 week low of $24.58 and a 52 week high of $33.88. The business’s 50-day moving average is $32.76 and its 200 day moving average is $31.69. The company has a market cap of $3.63 billion, a P/E ratio of 19.27 and a beta of 0.77.

Eagle Capital Select Equity ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a dividend of $0.1784 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 55.0%.

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. EAGL was launched on Mar 21, 2024 and is issued by Eagle.