Eagle Capital Growth Fund (NYSEAMERICAN:GRF) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $9.84. Eagle Capital Growth Fund shares last traded at $9.84, with a volume of 885 shares changing hands.

Eagle Capital Growth Fund Trading Down 4.2 %

The firm’s 50 day moving average price is $9.83.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Eagle Capital Growth Fund stock. Mariner LLC increased its holdings in Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) by 6.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,628 shares of the company’s stock after acquiring an additional 1,138 shares during the quarter. Mariner LLC’s holdings in Eagle Capital Growth Fund were worth $182,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Eagle Capital Growth Fund

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.