The European Equity Fund, Inc. (NYSE:EEA - Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $9.15 and traded as low as $8.73. The European Equity Fund shares last traded at $8.83, with a volume of 875 shares trading hands.
The European Equity Fund Stock Up 0.1 %
The business's 50 day moving average price is $9.15 and its 200 day moving average price is $9.05.
Institutional Trading of The European Equity Fund
A number of hedge funds have recently bought and sold shares of the company. Logan Stone Capital LLC bought a new stake in shares of The European Equity Fund during the 2nd quarter valued at about $117,000. Wolverine Asset Management LLC raised its position in The European Equity Fund by 55.8% in the second quarter. Wolverine Asset Management LLC now owns 32,733 shares of the financial services provider's stock worth $294,000 after acquiring an additional 11,723 shares during the period. Lazard Asset Management LLC boosted its stake in shares of The European Equity Fund by 1.6% during the 1st quarter. Lazard Asset Management LLC now owns 192,009 shares of the financial services provider's stock worth $1,710,000 after acquiring an additional 3,098 shares during the last quarter. Shaker Financial Services LLC lifted its position in The European Equity Fund by 4.0% during the second quarter. Shaker Financial Services LLC now owns 375,603 shares of the financial services provider's stock valued at $3,374,000 after purchasing an additional 14,576 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of The European Equity Fund by 2.0% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 696,458 shares of the financial services provider's stock valued at $6,255,000 after buying an additional 13,335 shares in the last quarter. Hedge funds and other institutional investors own 51.94% of the company's stock.
The European Equity Fund Company Profile
(
Get Free Report)
The European Equity 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 of Europe. The fund seeks to invest in the stocks of companies operating across diversified sectors.
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