First Trust Enhanced Equity Income Fund (NYSE:FFA) Stock Crosses Below 50 Day Moving Average – Should You Sell?

Posted by Francis Steltz on Oct 23rd, 2026

First Trust Enhanced Equity Income Fund (NYSE:FFA – Get Free Report) shares passed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $22.78 and traded as low as $22.10. First Trust Enhanced Equity Income Fund shares last traded at $22.1990, with a volume of 13,764 shares traded.

First Trust Enhanced Equity Income Fund Trading Down 1.1%

The firm has a fifty day moving average of $22.78 and a 200-day moving average of $22.55.

First Trust Enhanced Equity Income Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 22nd were given a dividend of $0.4250 per share. This is a positive change from First Trust Enhanced Equity Income Fund’s previous quarterly dividend of $0.3875. The ex-dividend date of this dividend was Tuesday, September 22nd. This represents a $1.70 annualized dividend and a dividend yield of 7.7%.

Institutional Investors Weigh In On First Trust Enhanced Equity Income Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Miller Financial Services LLC boosted its holdings in shares of First Trust Enhanced Equity Income Fund by 15.8% in the 3rd quarter. Miller Financial Services LLC now owns 14,635 shares of the company’s stock valued at $325,000 after buying an additional 2,000 shares during the last quarter. Bank of America Corp DE bought a new position in shares of First Trust Enhanced Equity Income Fund in the second quarter valued at $480,000. Sanctuary Advisors LLC bought a new position in shares of First Trust Enhanced Equity Income Fund in the second quarter valued at $293,000. Global Retirement Partners LLC acquired a new position in First Trust Enhanced Equity Income Fund during the second quarter worth $736,000. Finally, Allied Private Wealth LLC acquired a new position in First Trust Enhanced Equity Income Fund during the second quarter worth $26,000.

About First Trust Enhanced Equity Income Fund

(Get Free Report)

First Trust Enhanced Equity Income Fund (NYSE: FFA) is a closed-end investment company designed to provide investors with current income and long-term capital appreciation. The fund invests primarily in dividend-paying common stocks and other equity securities.

To enhance portfolio income, the fund may employ an options strategy that includes writing covered call options on selected securities. This approach can generate option premiums in addition to dividend income, while also influencing the portfolio’s potential for capital appreciation and downside protection.

FFA is advised by First Trust Advisors L.P., an investment adviser affiliated with First Trust, a provider of investment management and financial products.