Wolverine Asset Management LLC bought a new position in Ellsworth Growth and Income Fund Ltd. (NYSE:ECF - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 47,071 shares of the company's stock, valued at approximately $427,000. Wolverine Asset Management LLC owned approximately 0.34% of Ellsworth Growth and Income Fund as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of ECF. K2 Principal Fund L.P. acquired a new position in Ellsworth Growth and Income Fund in the 4th quarter worth about $147,000. Waverly Advisors LLC acquired a new position in Ellsworth Growth and Income Fund in the 4th quarter worth about $430,000. Capstone Investment Advisors LLC increased its holdings in Ellsworth Growth and Income Fund by 179.8% in the 4th quarter. Capstone Investment Advisors LLC now owns 79,774 shares of the company's stock worth $773,000 after purchasing an additional 51,262 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Ellsworth Growth and Income Fund in the 4th quarter worth about $881,000. Finally, Shaker Financial Services LLC increased its holdings in Ellsworth Growth and Income Fund by 33.1% in the 1st quarter. Shaker Financial Services LLC now owns 141,706 shares of the company's stock worth $1,287,000 after purchasing an additional 35,255 shares in the last quarter. Institutional investors and hedge funds own 35.88% of the company's stock.
Ellsworth Growth and Income Fund Trading Up 0.2%
Shares of NYSE ECF traded up $0.02 during trading on Friday, reaching $10.74. The company had a trading volume of 6,690 shares, compared to its average volume of 38,711. The company's fifty day moving average price is $10.33 and its 200-day moving average price is $9.74. Ellsworth Growth and Income Fund Ltd. has a 12 month low of $8.15 and a 12 month high of $10.79.
About Ellsworth Growth and Income Fund
(
Free Report)
Ellsworth Growth and Income Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets. The fund primarily invests in convertible securities. It invests in stocks of companies across market capitalizations.
Read More

Before you consider Ellsworth Growth and Income Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ellsworth Growth and Income Fund wasn't on the list.
While Ellsworth Growth and Income Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here

We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.