Liberty All-Star Equity Fund (NYSE:USA - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $5.85 and traded as high as $5.99. Liberty All-Star Equity Fund shares last traded at $5.9550, with a volume of 1,257,665 shares.
Liberty All-Star Equity Fund Trading Down 0.7%
The stock has a 50-day simple moving average of $5.92 and a two-hundred day simple moving average of $5.85.
Hedge Funds Weigh In On Liberty All-Star Equity Fund
Several institutional investors have recently made changes to their positions in USA. Calamos Advisors LLC purchased a new position in Liberty All-Star Equity Fund during the 1st quarter worth $323,000. Valmark Advisers Inc. purchased a new stake in Liberty All-Star Equity Fund in the first quarter valued at about $236,000. Flynn Zito Capital Management LLC boosted its holdings in Liberty All-Star Equity Fund by 2.5% in the first quarter. Flynn Zito Capital Management LLC now owns 157,158 shares of the closed-end fund's stock worth $872,000 after acquiring an additional 3,848 shares in the last quarter. Private Advisor Group LLC boosted its holdings in Liberty All-Star Equity Fund by 9.3% in the first quarter. Private Advisor Group LLC now owns 379,903 shares of the closed-end fund's stock worth $2,108,000 after acquiring an additional 32,253 shares in the last quarter. Finally, Westbourne Investment Advisors Inc. boosted its holdings in Liberty All-Star Equity Fund by 14.6% in the first quarter. Westbourne Investment Advisors Inc. now owns 184,700 shares of the closed-end fund's stock worth $1,025,000 after acquiring an additional 23,500 shares in the last quarter. Hedge funds and other institutional investors own 9.95% of the company's stock.
About Liberty All-Star Equity Fund
(
Get Free Report)
Liberty All-Star Equity Fund is a diversified closed-end investment company listed on the New York Stock Exchange under the symbol USA. The fund seeks long-term capital appreciation and current income by investing primarily in a diversified portfolio of publicly traded equity securities.
The fund uses a multi-manager investment approach, combining separate investment styles and portfolio management teams. Its portfolio generally includes common stocks of companies across a range of industries and market sectors, with an emphasis on businesses headquartered or operating in the United States.
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