Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) CFO Purchases $12,990.40 in Stock

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) CFO David C. Sims acquired 1,412 shares of the business’s stock in a transaction on Thursday, April 10th. The stock was purchased at an average cost of $9.20 per share, with a total value of $12,990.40. Following the acquisition, the chief financial officer now directly owns 196,837 shares of the company’s stock, valued at $1,810,900.40. This represents a 0.72 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Eagle Capital Growth Fund Price Performance

Shares of NYSEAMERICAN:GRF traded down $0.26 during trading on Friday, reaching $9.45. 10,698 shares of the company’s stock traded hands, compared to its average volume of 4,542. Eagle Capital Growth Fund, Inc. has a fifty-two week low of $8.85 and a fifty-two week high of $11.24. The company has a 50-day simple moving average of $9.79 and a 200-day simple moving average of $9.61.

Institutional Trading of Eagle Capital Growth Fund

A hedge fund recently raised its stake in Eagle Capital Growth Fund stock. Mariner LLC grew its holdings in shares of Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) by 6.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,628 shares of the company’s stock after purchasing an additional 1,138 shares during the quarter. Mariner LLC’s holdings in Eagle Capital Growth Fund were worth $182,000 at the end of the most recent quarter.

Eagle Capital Growth Fund Company Profile

Eagle Capital Growth Fund, Inc is a closed-end equity mutual fund launched and managed by Sims Capital Management LLC. The fund invests in the public equity markets of the United States. It makes its investments in the stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P 500 Index.