Eqis Capital Management Inc. Increases Stake in Gabelli Equity Trust Inc (GAB)

Eqis Capital Management Inc. lifted its holdings in shares of Gabelli Equity Trust Inc (NYSE:GAB) by 90.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,659 shares of the financial services provider’s stock after acquiring an additional 9,831 shares during the period. Eqis Capital Management Inc.’s holdings in Gabelli Equity Trust were worth $128,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in GAB. Wells Fargo & Company MN grew its position in shares of Gabelli Equity Trust by 21.1% during the second quarter. Wells Fargo & Company MN now owns 584,120 shares of the financial services provider’s stock worth $3,611,000 after acquiring an additional 101,704 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of Gabelli Equity Trust by 5.1% during the second quarter. Ameriprise Financial Inc. now owns 100,483 shares of the financial services provider’s stock worth $621,000 after acquiring an additional 4,910 shares during the last quarter. GSA Capital Partners LLP grew its position in shares of Gabelli Equity Trust by 13.4% during the second quarter. GSA Capital Partners LLP now owns 18,900 shares of the financial services provider’s stock worth $117,000 after acquiring an additional 2,234 shares during the last quarter. Virtu KCG Holdings LLC purchased a new position in shares of Gabelli Equity Trust during the second quarter worth approximately $108,000. Finally, Stifel Financial Corp grew its position in shares of Gabelli Equity Trust by 18.3% during the second quarter. Stifel Financial Corp now owns 85,485 shares of the financial services provider’s stock worth $521,000 after acquiring an additional 13,196 shares during the last quarter. Institutional investors and hedge funds own 4.82% of the company’s stock.

Gabelli Equity Trust Inc (NYSE:GAB) opened at $6.11 on Tuesday. Gabelli Equity Trust Inc has a 1 year low of $5.74 and a 1 year high of $6.65.

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About Gabelli Equity Trust

The Gabelli Equity Trust Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary objective is to achieve long term growth of capital with income as a secondary objective. The Fund will invest at least 80% of its assets in equity securities under normal market conditions.

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Institutional Ownership by Quarter for Gabelli Equity Trust (NYSE:GAB)

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