Commerce Bank Invests $17.34 Million in Eagle Capital Select Equity ETF (NYSEARCA:EAGL)

Commerce Bank purchased a new stake in Eagle Capital Select Equity ETF (NYSEARCA:EAGL) during the 1st quarter, Holdings Channel reports. The institutional investor purchased 686,710 shares of the company’s stock, valued at approximately $17,344,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. YHB Investment Advisors Inc. acquired a new stake in shares of Eagle Capital Select Equity ETF during the first quarter worth $8,063,000. Summit Wealth Group LLC bought a new position in shares of Eagle Capital Select Equity ETF during the first quarter worth about $10,253,000. Finally, Sendero Wealth Management LLC bought a new position in Eagle Capital Select Equity ETF in the 1st quarter valued at about $11,471,000.

Eagle Capital Select Equity ETF Price Performance

EAGL traded up $0.13 on Wednesday, reaching $26.81. The company had a trading volume of 1,156 shares, compared to its average volume of 66,298. The firm has a fifty day moving average of $26.02. The stock has a market cap of $1.94 billion, a P/E ratio of 17.42 and a beta of 1.04. Eagle Capital Select Equity ETF has a one year low of $24.65 and a one year high of $26.89.

Eagle Capital Select Equity ETF 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.