Horizon Kinetics Asset Management LLC Has $1.62 Million Stock Holdings in RENN Fund, Inc. (NYSE:RCG)

Horizon Kinetics Asset Management LLC increased its position in shares of RENN Fund, Inc. (NYSE:RCG) by 8.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 725,897 shares of the company’s stock after buying an additional 55,421 shares during the quarter. Horizon Kinetics Asset Management LLC’s holdings in RENN Fund were worth $1,619,000 as of its most recent SEC filing.

Separately, Moors & Cabot Inc. raised its holdings in shares of RENN Fund by 5.4% during the third quarter. Moors & Cabot Inc. now owns 263,960 shares of the company’s stock worth $560,000 after acquiring an additional 13,500 shares in the last quarter. Institutional investors and hedge funds own 8.26% of the company’s stock.

RENN Fund Trading Up 0.4 %

Shares of NYSE:RCG opened at $2.71 on Tuesday. RENN Fund, Inc. has a 1 year low of $1.53 and a 1 year high of $2.88. The business has a fifty day simple moving average of $2.68 and a 200 day simple moving average of $2.41.

RENN Fund Profile

RENN Fund, Inc is a closed ended equity mutual fund launched by RENN Capital Group, Inc The fund is co-managed by Horizon Kinetics Asset Management LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to invest in stocks of small-cap and mid-cap companies.