First Trust Energy Income & Growth Fund (NYSEAMERICAN:FEN) shares rose 0.6% on Tuesday . The company traded as high as $20.63 and last traded at $20.60, approximately 1,145 shares were traded during mid-day trading. A decline of 99% from the average daily volume of 77,765 shares. The stock had previously closed at $20.48.

A number of institutional investors and hedge funds have recently made changes to their positions in FEN. First Merchants Corp purchased a new stake in First Trust Energy Income & Growth Fund in the third quarter valued at approximately $1,639,000. Trinity Legacy Partners LLC purchased a new position in shares of First Trust Energy Income & Growth Fund during the third quarter worth approximately $407,000. Ladenburg Thalmann Financial Services Inc. raised its stake in shares of First Trust Energy Income & Growth Fund by 9.8% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 196,455 shares of the company’s stock worth $4,386,000 after acquiring an additional 17,460 shares in the last quarter. Riggs Asset Managment Co. Inc. raised its stake in shares of First Trust Energy Income & Growth Fund by 15.6% during the third quarter. Riggs Asset Managment Co. Inc. now owns 68,260 shares of the company’s stock worth $1,546,000 after acquiring an additional 9,237 shares in the last quarter. Finally, Cetera Advisor Networks LLC purchased a new position in shares of First Trust Energy Income & Growth Fund during the second quarter worth approximately $202,000.

First Trust Energy Income & Growth Fund Company Profile (NYSEAMERICAN:FEN)

First Trust Energy Income and Growth Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector, including companies in the business of transporting, processing, storing, distributing, or marketing natural gas, natural gas liquids (including propane), crude oil, refined petroleum products, coal or electricity, or exploring, developing, managing or producing such commodities or products, or in supplying energy-related products and services.

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