Matisse Capital raised its position in Mexico Equity and Income Fund Inc (NYSE:MXE) by 20.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,770 shares of the investment management company’s stock after buying an additional 9,360 shares during the quarter. Matisse Capital owned about 0.81% of Mexico Equity and Income Fund worth $587,000 at the end of the most recent reporting period.
Shares of MXE remained flat at $$11.10 during mid-day trading on Monday. The company’s stock had a trading volume of 200 shares, compared to its average volume of 6,376. The stock’s 50 day moving average price is $10.67 and its two-hundred day moving average price is $10.71. Mexico Equity and Income Fund Inc has a 52-week low of $9.29 and a 52-week high of $11.53.
Mexico Equity and Income Fund Profile
Mexico Equity & Income Fund Inc is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, SA de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities. The fund invests in the stocks of companies operating across diversified sectors.
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