First Trust Enhanced Equity Income Fund (NYSE:FFA) Trading Up 0.6%

First Trust Enhanced Equity Income Fund (NYSE:FFA) shares were up 0.6% during trading on Thursday . The stock traded as high as $17.62 and last traded at $17.58, approximately 17,840 shares traded hands during trading. A decline of 57% from the average daily volume of 41,754 shares. The stock had previously closed at $17.48.

The company’s 50 day moving average price is $17.18 and its 200 day moving average price is $16.40.

Several institutional investors and hedge funds have recently made changes to their positions in FFA. Raymond James & Associates boosted its holdings in shares of First Trust Enhanced Equity Income Fund by 2.6% during the 4th quarter. Raymond James & Associates now owns 604,690 shares of the company’s stock worth $10,431,000 after buying an additional 15,541 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of First Trust Enhanced Equity Income Fund by 4.9% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 569,836 shares of the company’s stock worth $9,830,000 after buying an additional 26,762 shares during the period. Exeter Financial LLC boosted its holdings in shares of First Trust Enhanced Equity Income Fund by 0.4% during the 4th quarter. Exeter Financial LLC now owns 304,642 shares of the company’s stock worth $5,255,000 after buying an additional 1,299 shares during the period. UBS Group AG boosted its holdings in shares of First Trust Enhanced Equity Income Fund by 5.2% during the 4th quarter. UBS Group AG now owns 234,320 shares of the company’s stock worth $4,042,000 after buying an additional 11,500 shares during the period. Finally, Raymond James Trust N.A. boosted its holdings in shares of First Trust Enhanced Equity Income Fund by 10.0% during the 3rd quarter. Raymond James Trust N.A. now owns 25,327 shares of the company’s stock worth $401,000 after buying an additional 2,300 shares during the period.

First Trust Enhanced Equity Income Fund Company Profile (NYSE:FFA)

First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across the diversified sectors.

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