The Central and Eastern Europe Fund, Inc. (NYSE:CEE – Get Rating) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $8.32 and traded as low as $8.22. The Central and Eastern Europe Fund shares last traded at $8.29, with a volume of 7,051 shares traded.
The Central and Eastern Europe Fund Trading Down 2.5 %
The business's 50-day moving average price is $8.50 and its two-hundred day moving average price is $8.32.
Get The Central and Eastern Europe Fund alerts:Institutional Investors Weigh In On The Central and Eastern Europe Fund
A number of hedge funds and other institutional investors have recently made changes to their positions in CEE. Madison Avenue Partners LP acquired a new stake in shares of The Central and Eastern Europe Fund during the fourth quarter worth $578,000. Nations Financial Group Inc. IA ADV acquired a new stake in The Central and Eastern Europe Fund in the 1st quarter valued at $762,000. Cannell Capital LLC acquired a new stake in The Central and Eastern Europe Fund in the 1st quarter valued at $249,000. Annandale Capital LLC acquired a new stake in The Central and Eastern Europe Fund in the 3rd quarter valued at $99,000. Finally, Rockefeller Capital Management L.P. increased its stake in The Central and Eastern Europe Fund by 35.8% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 36,000 shares of the closed-end fund's stock valued at $237,000 after buying an additional 9,500 shares during the last quarter. 18.98% of the stock is currently owned by institutional investors and hedge funds.
The Central and Eastern Europe Fund Company Profile
(Get Rating)
The Central & Eastern Europe Fund, Inc operates as a closed-end investment trust. It engages in the provision of long-term capital appreciation through investment in equity or equity-linked securities of issuers domiciled in Central Europe, Russia and Turkey. The company was founded on March 6, 1990 and is headquartered in New York, NY.
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