Insider Buying: Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) CFO Acquires 4,069 Shares of Stock

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) CFO David C. Sims purchased 4,069 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The stock was acquired at an average price of $9.75 per share, for a total transaction of $39,672.75. Following the acquisition, the chief financial officer now owns 191,673 shares in the company, valued at $1,868,811.75. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Eagle Capital Growth Fund Price Performance

NYSEAMERICAN GRF opened at $9.72 on Friday. Eagle Capital Growth Fund, Inc. has a 1 year low of $7.93 and a 1 year high of $10.19.

Institutional Investors Weigh In On Eagle Capital Growth Fund

A hedge fund recently raised its stake in Eagle Capital Growth Fund stock. Matisse Capital increased its stake in shares of Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) by 86.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 48,158 shares of the company’s stock after purchasing an additional 22,368 shares during the period. Matisse Capital’s holdings in Eagle Capital Growth Fund were worth $459,000 as of its most recent filing with the Securities & Exchange Commission.

Eagle Capital Growth Fund Company Profile

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.