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Total Return Securities (NYSE:SWZ) Shares Cross Below 50-Day Moving Average - Should You Sell?

Total Return Securities logo with Finance background

Key Points

  • Total Return Securities' stock price has fallen below its 50-day moving average, currently trading at $6.06, after reaching a low of $6.03 during trading on Monday.
  • Institutional investors have shown interest, with multiple firms purchasing new stakes, including North Ground Capital and Bank of America Corp DE, which increased its holdings by 375.2%.
  • The Swiss Helvetia Fund Inc., managed by Schroder Investment Management, primarily invests in value stocks across diversified sectors in public equity markets of Switzerland.
  • Five stocks to consider instead of Total Return Securities.

Total Return Securities, Inc. (NYSE:SWZ - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $6.10 and traded as low as $6.03. Total Return Securities shares last traded at $6.06, with a volume of 33,093 shares trading hands.

Total Return Securities Stock Down 0.2%

The business has a 50 day simple moving average of $6.10 and a two-hundred day simple moving average of $6.58.

Institutional Investors Weigh In On Total Return Securities

A number of institutional investors and hedge funds have recently bought and sold shares of SWZ. North Ground Capital bought a new stake in Total Return Securities during the first quarter valued at approximately $44,000. Raymond James Financial Inc. purchased a new stake in shares of Total Return Securities during the 2nd quarter valued at $55,000. Private Management Group Inc. bought a new stake in shares of Total Return Securities during the 2nd quarter worth $67,000. Bank of America Corp DE lifted its holdings in shares of Total Return Securities by 375.2% during the 4th quarter. Bank of America Corp DE now owns 13,672 shares of the closed-end fund's stock worth $102,000 after acquiring an additional 10,795 shares during the last quarter. Finally, Mccarter Private Wealth Services LLC purchased a new position in Total Return Securities in the second quarter worth $92,000. 41.12% of the stock is owned by hedge funds and other institutional investors.

About Total Return Securities

(Get Free Report)

The Swiss Helvetia Fund Inc is a closed-ended equity mutual fund launched and managed by Schroder Investment Management North America Inc The fund invests in public equity markets of Switzerland. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of companies across all market capitalizations.

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