Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) CFO Acquires $39,672.75 in Stock

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) CFO David C. Sims acquired 4,069 shares of the company’s stock in a transaction dated Tuesday, October 1st. The stock was purchased at an average cost of $9.75 per share, for a total transaction of $39,672.75. Following the purchase, the chief financial officer now directly owns 191,673 shares in the company, valued at approximately $1,868,811.75. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Eagle Capital Growth Fund Stock Up 2.2 %

NYSEAMERICAN:GRF traded up $0.21 during mid-day trading on Thursday, reaching $9.94. 255 shares of the stock were exchanged, compared to its average volume of 3,659. Eagle Capital Growth Fund, Inc. has a 1-year low of $7.93 and a 1-year high of $10.19.

Institutional Trading of Eagle Capital Growth Fund

A hedge fund recently raised its stake in Eagle Capital Growth Fund stock. Sigma Investment Counselors Inc. increased its holdings in shares of Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) by 10.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,776 shares of the company’s stock after buying an additional 1,500 shares during the quarter. Sigma Investment Counselors Inc.’s holdings in Eagle Capital Growth Fund were worth $146,000 as of its most recent filing with the Securities and Exchange Commission.

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.