The Central and Eastern Europe Fund, Inc. (NYSE:CEE - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.48 and traded as low as $12.15. The Central and Eastern Europe Fund shares last traded at $12.53, with a volume of 108,447 shares trading hands.
The Central and Eastern Europe Fund Price Performance
The stock has a fifty day moving average price of $14.33 and a two-hundred day moving average price of $12.53.
Institutional Investors Weigh In On The Central and Eastern Europe Fund
Several hedge funds have recently modified their holdings of CEE. Patriot Financial Group Insurance Agency LLC purchased a new position in shares of The Central and Eastern Europe Fund during the first quarter valued at approximately $195,000. Uncommon Cents Investing LLC boosted its holdings in shares of The Central and Eastern Europe Fund by 2.1% during the fourth quarter. Uncommon Cents Investing LLC now owns 81,335 shares of the closed-end fund's stock worth $888,000 after purchasing an additional 1,700 shares during the last quarter. Stifel Financial Corp boosted its stake in The Central and Eastern Europe Fund by 2.8% in the 4th quarter. Stifel Financial Corp now owns 95,579 shares of the closed-end fund's stock worth $1,044,000 after buying an additional 2,616 shares during the last quarter. Rangeley Capital LLC acquired a new position in shares of The Central and Eastern Europe Fund during the 4th quarter valued at about $1,212,000. Finally, Truffle Hound Capital LLC acquired a new stake in shares of The Central and Eastern Europe Fund in the fourth quarter worth approximately $1,638,000. 34.41% of the stock is owned by institutional investors and hedge funds.
About The Central and Eastern Europe Fund
(
Get Free Report)
The Central and Eastern Europe 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 across Central and Eastern Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.
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