The Central and Eastern Europe Fund, Inc. (NYSE:CEE - Get Free Report)'s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $14.43 and traded as high as $15.79. The Central and Eastern Europe Fund shares last traded at $15.60, with a volume of 28,370 shares changing hands.
The Central and Eastern Europe Fund Trading Down 0.4%
The firm has a 50-day moving average price of $14.49 and a 200 day moving average price of $13.49.
Institutional Investors Weigh In On The Central and Eastern Europe Fund
Several institutional investors have recently bought and sold shares of the stock. Almitas Capital LLC boosted its holdings in The Central and Eastern Europe Fund by 1.1% during the 4th quarter. Almitas Capital LLC now owns 180,190 shares of the closed-end fund's stock valued at $1,968,000 after acquiring an additional 1,983 shares during the period. Truffle Hound Capital LLC purchased a new stake in The Central and Eastern Europe Fund in the 4th quarter worth approximately $1,638,000. Rangeley Capital LLC purchased a new stake in The Central and Eastern Europe Fund in the 4th quarter worth approximately $1,212,000. Stifel Financial Corp lifted its holdings in The Central and Eastern Europe Fund by 2.8% in the 4th quarter. Stifel Financial Corp now owns 95,579 shares of the closed-end fund's stock worth $1,044,000 after buying an additional 2,616 shares during the period. Finally, Silver Point Capital L.P. purchased a new stake in The Central and Eastern Europe Fund in the 1st quarter worth approximately $736,000. 34.41% of the stock is currently owned by hedge funds and other institutional investors.
About The Central and Eastern Europe Fund
(
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The Central and Eastern Europe Fund, Inc is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets across Central and Eastern Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.
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