Eaton vance Floating-Rate Incom (NYSE:EFF) Trading Volume Significantly Higher


(NYSE:EFF) shares saw heavy trading volume with 35K shares changing hands in the last trading session. Overall, volume was up 95.35% over the stocks normal daily volume.

These firms have also modified their investment in EFF. Morgan Stanley grew its position by buying 1,768 shares an increase of 12.6% as of 06/30/2017. Morgan Stanley now holds 15,815 shares with a value of $265,000. The value of the position overall is up by 11.8%. Wells Fargo & Company/mn cut its stake by selling 1 shares a decrease of 0.1% from 03/31/2017 to 06/30/2017. Wells Fargo & Company/mn now controls 1,001 shares worth $17,000. The total value of its holdings decreased 0.0%.

Jpmorgan Chase & Co augmented its investment by buying 3,278 shares an increase of 1.4%. Jpmorgan Chase & Co claims 241,849 shares valued at $4,058,000. The total value of its holdings increased 0.9%. Proficio Capital Partners LLC reduced its ownership by selling 77,068 shares a decrease of 64.8% in the quarter. Proficio Capital Partners LLC currently owns 41,821 shares worth $705,000. The total value of its holdings decreased 65.9%.

In the market the company is trading up by 0.55% since yesterday’s close of $16.47. Shares are trading at $16.56 which is just a bit below $16.76, the stock’s 50 day moving average and which is marginally under the 200 day moving average of $16.99. The 50 day moving average went down by -1.20% and the 200 day average moved down $-0.43.

Eaton Vance Floating-Rate Income Plus Fund is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in fixed income markets across the globe. The fund primarily invests in senior, secured floating-rate loans of domestic and foreign borrowers that are denominated in U.S. dollars as well as foreign currencies. Eaton Vance Floating-Rate Income Plus Fund was formed on June 28, 2013 and is domiciled in the United States..