First Trust Enhanced Equity Income Fund (NYSE:FFA) Stock Price Down 0.6%

First Trust Enhanced Equity Income Fund (NYSE:FFA) shares were down 0.6% during mid-day trading on Thursday . The company traded as low as $16.02 and last traded at $16.16, approximately 4,729 shares changed hands during mid-day trading. A decline of 88% from the average daily volume of 38,856 shares. The stock had previously closed at $16.25.

The firm has a 50-day simple moving average of $16.32 and a 200 day simple moving average of $15.86.

Several hedge funds have recently made changes to their positions in FFA. Steward Partners Investment Advisory LLC purchased a new stake in shares of First Trust Enhanced Equity Income Fund in the 3rd quarter worth about $41,000. Capital Investment Advisory Services LLC bought a new position in shares of First Trust Enhanced Equity Income Fund in the 3rd quarter worth about $56,000. Raymond James Trust N.A. lifted its position in First Trust Enhanced Equity Income Fund by 10.0% during the 3rd quarter. Raymond James Trust N.A. now owns 25,327 shares of the company’s stock valued at $401,000 after acquiring an additional 2,300 shares during the period. Ladenburg Thalmann Financial Services Inc. lifted its position in First Trust Enhanced Equity Income Fund by 3.6% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 28,516 shares of the company’s stock valued at $457,000 after acquiring an additional 996 shares during the period. Finally, LPL Financial LLC boosted its stake in First Trust Enhanced Equity Income Fund by 2.8% during the second quarter. LPL Financial LLC now owns 32,224 shares of the company’s stock worth $515,000 after acquiring an additional 863 shares in the last quarter.

First Trust Enhanced Equity Income Fund Company Profile (NYSE:FFA)

First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across the diversified sectors.

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