Eagle Capital Growth Fund (NYSEAMERICAN:GRF) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRFGet Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.68 and traded as low as $9.68. Eagle Capital Growth Fund shares last traded at $9.75, with a volume of 4,736 shares traded.

Eagle Capital Growth Fund Stock Down 0.7%

The company’s fifty day simple moving average is $9.67 and its two-hundred day simple moving average is $9.68.

Insider Buying and Selling at Eagle Capital Growth Fund

In related news, CFO David C. Sims bought 3,060 shares of the stock in a transaction that occurred on Wednesday, April 30th. The shares were acquired at an average price of $9.70 per share, with a total value of $29,682.00. Following the completion of the transaction, the chief financial officer now owns 199,897 shares in the company, valued at $1,939,000.90. The trade was a 1.55% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Hedge Funds Weigh In On Eagle Capital Growth Fund

A hedge fund recently raised its stake in Eagle Capital Growth Fund stock. Mariner LLC boosted its stake in shares of Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRFFree Report) by 6.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,628 shares of the company’s stock after acquiring an additional 1,138 shares during the period. Mariner LLC’s holdings in Eagle Capital Growth Fund were worth $182,000 at the end of the most recent reporting period.

Eagle Capital Growth Fund Company Profile

(Get Free Report)

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.

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