Eagle Capital Growth Fund (NYSEAMERICAN:GRF) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF)’s share price passed 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 traded.

Eagle Capital Growth Fund Price Performance

The company’s 50 day simple moving average is $9.83.

Institutional Trading of Eagle Capital Growth Fund

A hedge fund recently raised its stake in Eagle Capital Growth Fund stock. Mariner LLC increased its holdings in Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) by 6.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,628 shares of the company’s stock after purchasing 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 & 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.