Large Inflow of Money Detected in Eaton Vance Corporation

Eaton Vance Corporation (EV) : Mondays money flow data in Eaton Vance Corporation (EV) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $2.14 million, whereas, $1.53 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.41, in favor of the bulls. The total money flow into the stock was $0.62 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $0.61 million. The total value of block trades done on upticks was $0.61 million. Eaton Vance Corporation (EV) fell $0.05 and traded at $38.85, down -0.13% for the day, over previous days close. On a weekly basis, the shares are 0.52% over the previous weeks close.


Shares of Eaton Vance Corp. rose by 0.73% in the last five trading days and 3.98% for the last 4 weeks. Eaton Vance Corp. is up 13.08% in the last 3-month period. Year-to-Date the stock performance stands at 22.4%.

Eaton Vance Corporation (NYSE:EV): The stock opened at $38.97 on Monday but the bulls could not build on the opening and the stock topped out at $39.20 for the day. The stock traded down to $38.72 during the day, due to lack of any buying support eventually closed down at $38.76 with a loss of -0.36% for the day. The stock had closed at $38.90 on the previous day. The total traded volume was 625,742 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Eaton Vance Corp, Smith Winthrop H Jr had sold 8,197 shares worth of $304,928 in a transaction dated June 23, 2016. In this transaction, 8,197 shares were sold at $37.2 per share.

Eaton Vance Corp is managing investment funds and providing investment management and advisory services to institutions and high-net-worth individuals. The Company develops and sustains management expertise across a range of investment disciplines and offers investment products and services through multiple distribution channels. The Companys principal investment affiliates Eaton Vance Management, Parametric, Atlanta Capital and Hexavest offer a range of strategies. The Eaton Vance Management offers Equity, income and alternative strategies based on in-depth fundamental analysis. The Parametric offers rules-based alpha-seeking equity, alternative and options strategies and implementation services. The Atlanta Capital actively manages high-quality US stock and bond portfolios constructed using bottom-up fundamental analysis. The Hexavest offer global equity and tactical allocation strategies combining fundamental research and quantitative models.

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