The Central and Eastern Europe Fund (NYSE:CEE) Share Price Crosses Below 200-Day Moving Average of $8.95

Shares of The Central and Eastern Europe Fund, Inc. (NYSE:CEEGet Rating) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $8.95 and traded as low as $7.06. The Central and Eastern Europe Fund shares last traded at $7.30, with a volume of 213,379 shares traded.

The Central and Eastern Europe Fund Trading Up 2.8 %

The business has a fifty day simple moving average of $7.17 and a two-hundred day simple moving average of $8.95.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CEE. Steward Partners Investment Advisory LLC bought a new position in The Central and Eastern Europe Fund during the 1st quarter valued at approximately $143,000. Belvedere Trading LLC increased its holdings in shares of The Central and Eastern Europe Fund by 24.8% during the third quarter. Belvedere Trading LLC now owns 23,634 shares of the closed-end fund’s stock valued at $158,000 after acquiring an additional 4,700 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in shares of The Central and Eastern Europe Fund by 35.8% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 36,000 shares of the closed-end fund’s stock worth $237,000 after purchasing an additional 9,500 shares during the last quarter. Cannell Capital LLC bought a new position in The Central and Eastern Europe Fund in the 1st quarter worth about $249,000. Finally, Nations Financial Group Inc. IA ADV purchased a new stake in The Central and Eastern Europe Fund during the 1st quarter valued at about $762,000. Hedge funds and other institutional investors own 13.37% of the company’s stock.

About The Central and Eastern Europe Fund

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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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