Weiss Asset Management LP boosted its position in The Central and Eastern Europe Fund, Inc. (NYSE:CEE – Free Report) by 67.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 90,968 shares of the closed-end fund’s stock after buying an additional 36,569 shares during the quarter. Weiss Asset Management LP owned approximately 1.54% of The Central and Eastern Europe Fund worth $1,665,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Freestone Capital Holdings LLC raised its holdings in shares of The Central and Eastern Europe Fund by 295.2% in the fourth quarter. Freestone Capital Holdings LLC now owns 177,858 shares of the closed-end fund’s stock valued at $3,148,000 after purchasing an additional 132,858 shares during the last quarter. Wealth Care LLC acquired a new position in The Central and Eastern Europe Fund during the first quarter worth $584,000. Patriot Financial Group Insurance Agency LLC boosted its holdings in The Central and Eastern Europe Fund by 67.4% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 31,768 shares of the closed-end fund’s stock worth $581,000 after purchasing an additional 12,793 shares during the last quarter. Janney Montgomery Scott LLC grew its position in The Central and Eastern Europe Fund by 2.0% in the first quarter. Janney Montgomery Scott LLC now owns 34,980 shares of the closed-end fund’s stock valued at $640,000 after purchasing an additional 688 shares in the last quarter. Finally, XTX Topco Ltd bought a new position in The Central and Eastern Europe Fund in the second quarter valued at $179,000. Institutional investors and hedge funds own 34.41% of the company’s stock.
The Central and Eastern Europe Fund Stock Up 0.8%
Shares of NYSE CEE opened at $20.91 on Monday. The stock’s fifty day moving average price is $20.96 and its two-hundred day moving average price is $19.74. The Central and Eastern Europe Fund, Inc. has a one year low of $14.76 and a one year high of $21.98.
The Central and Eastern Europe Fund Profile
The Central and Eastern Europe Fund, Inc (NYSE: CEE) is a closed-end management investment company that seeks to provide shareholders with long-term growth of capital and a high level of current income. Since its initial public offering in 1994, the fund has focused on equity and equity-related securities of companies operating in Central and Eastern Europe. Shares of CEE are traded on the New York Stock Exchange, offering U.S. investors direct exposure to the economic growth and development of this dynamic region.
CEE’s investment strategy combines a macroeconomic top-down framework with rigorous bottom-up security selection.
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