Insider Buying: Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF) Major Shareholder Purchases $210,049.56 in Stock
MarketBeat
Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF - Get Free Report) major shareholder Saba Capital Management, L.P. acquired 17,548 shares of the firm's stock in a transaction on Wednesday, October 7th. The shares were bought at an average cost of $11.97 per share, with a total value of $210,049.56. Following the completion of the acquisition, the insider directly owned 1,646,010 shares in the company, valued at approximately $19,702,739.70. This represents a 1.08% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.
NYSEAMERICAN:ECF