Eagle Capital Growth Fund (NYSEAMERICAN:GRF) CEO Luke Sims Purchases 2,560 Shares of Stock

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) CEO Luke Sims acquired 2,560 shares of the firm’s stock in a transaction on Tuesday, September 1st. The shares were purchased at an average cost of $9.99 per share, for a total transaction of $25,574.40. Following the completion of the purchase, the chief executive officer directly owned 297,827 shares of the company’s stock, valued at approximately $2,975,291.73. The trade was a 0.87% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Eagle Capital Growth Fund Stock Down 0.4%

GRF stock opened at $10.28 on Friday. The business has a fifty day moving average price of $10.31 and a 200 day moving average price of $10.27. Eagle Capital Growth Fund, Inc. has a fifty-two week low of $9.60 and a fifty-two week high of $11.85.

Hedge Funds Weigh In On Eagle Capital Growth Fund

A number of institutional investors have recently modified their holdings of the stock. Osaic Holdings Inc. grew its stake in shares of Eagle Capital Growth Fund by 10.9% during the second quarter. Osaic Holdings Inc. now owns 28,862 shares of the company’s stock valued at $281,000 after purchasing an additional 2,839 shares during the last quarter. Sigma Investment Counselors Inc. raised its position in Eagle Capital Growth Fund by 31.0% in the 4th quarter. Sigma Investment Counselors Inc. now owns 21,727 shares of the company’s stock worth $232,000 after purchasing an additional 5,136 shares during the last quarter. Mariner LLC raised its position in Eagle Capital Growth Fund by 7.8% in the 4th quarter. Mariner LLC now owns 20,074 shares of the company’s stock worth $215,000 after purchasing an additional 1,446 shares during the last quarter. Blue Bell Private Wealth Management LLC lifted its holdings in Eagle Capital Growth Fund by 64.4% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 3,980 shares of the company’s stock worth $43,000 after buying an additional 1,559 shares in the last quarter. Finally, Basepoint Wealth LLC acquired a new position in Eagle Capital Growth Fund during the 4th quarter worth $39,000.

Eagle Capital Growth Fund Company Profile

Eagle Capital Growth Fund Inc (NYSE American: GRF) is a diversified, closed-end management investment company that seeks long-term capital growth by investing primarily in equity securities of U.S. and foreign issuers. Launched in December 2012, the fund follows a value-oriented investment approach, targeting companies with durable competitive advantages, solid cash flows and attractive valuation metrics.

Advised by Eagle Capital Management LLC, a Boston-based investment firm specializing in fundamental, bottom-up research, the fund’s portfolio includes publicly traded common stocks and, when appropriate, convertible securities.