Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Shares Shorted: Short Interest Down 62.8% in October

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 54,821 shares, a decline of 62.8% from the September 30th total of 147,424 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 513,129 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Eagle Capital Select Equity ETF

Several institutional investors have recently added to or reduced their stakes in EAGL. Glenmede Trust Co. NA lifted its holdings in shares of Eagle Capital Select Equity ETF by 10.9% during the first quarter. Glenmede Trust Co. NA now owns 1,942,324 shares of the company’s stock worth $59,085,000 after purchasing an additional 191,024 shares during the period. Sageworth Trust Co increased its stake in Eagle Capital Select Equity ETF by 80.1% in the 3rd quarter. Sageworth Trust Co now owns 1,673,137 shares of the company’s stock valued at $56,937,000 after buying an additional 744,138 shares during the period. Lazard Asset Management LLC increased its stake in Eagle Capital Select Equity ETF by 30.6% in the 1st quarter. Lazard Asset Management LLC now owns 1,475,696 shares of the company’s stock valued at $44,891,000 after buying an additional 346,153 shares during the period. GC Wealth Management RIA LLC raised its position in Eagle Capital Select Equity ETF by 16.6% during the 1st quarter. GC Wealth Management RIA LLC now owns 249,622 shares of the company’s stock worth $7,593,000 after buying an additional 35,566 shares during the last quarter. Finally, Sepio Capital LP raised its position in Eagle Capital Select Equity ETF by 80.3% during the 3rd quarter. Sepio Capital LP now owns 141,809 shares of the company’s stock worth $4,826,000 after buying an additional 63,166 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Eagle Capital Select Equity ETF Price Performance

Shares of NYSEARCA:EAGL traded down $0.18 on Friday, reaching $35.67. The company’s stock had a trading volume of 483,862 shares, compared to its average volume of 327,501. The stock’s 50-day moving average is $35.27 and its two-hundred day moving average is $33.19. Eagle Capital Select Equity ETF has a 52-week low of $29.23 and a 52-week high of $36.45. The stock has a market capitalization of $4.90 billion, a P/E ratio of 19.27 and a beta of 0.79.

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.