Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) CFO Acquires $14,872.52 in Stock

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) CFO David C. Sims purchased 1,546 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The stock was purchased at an average price of $9.62 per share, with a total value of $14,872.52. Following the purchase, the chief financial officer now directly owns 25,426 shares of the company’s stock, valued at $244,598.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Eagle Capital Growth Fund Stock Up 0.5 %

Shares of NYSEAMERICAN:GRF opened at $9.72 on Friday. Eagle Capital Growth Fund, Inc. has a 52 week low of $7.93 and a 52 week high of $10.19.

Hedge Funds Weigh In On Eagle Capital Growth Fund

An institutional investor recently raised its position in Eagle Capital Growth Fund stock. Sigma Investment Counselors Inc. raised its stake in Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) by 10.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,776 shares of the company’s stock after purchasing an additional 1,500 shares during the period. Sigma Investment Counselors Inc.’s holdings in Eagle Capital Growth Fund were worth $146,000 as of its most recent SEC filing.

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.