The Central and Eastern Europe Fund (NYSE:CEE) Stock Price Passes Below Two Hundred Day Moving Average of $8.95

The Central and Eastern Europe Fund, Inc. (NYSE:CEEGet Rating) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-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 trading hands.

The Central and Eastern Europe Fund Stock Up 2.8 %

The firm’s fifty day moving average is $7.17 and its 200-day moving average is $8.95.

Institutional Trading of The Central and Eastern Europe Fund

Several institutional investors have recently added to or reduced their stakes in the stock. Uncommon Cents Investing LLC raised its holdings in The Central and Eastern Europe Fund by 4.2% in the second quarter. Uncommon Cents Investing LLC now owns 80,226 shares of the closed-end fund’s stock valued at $799,000 after acquiring an additional 3,261 shares in the last quarter. Belvedere Trading LLC grew its position 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 worth $158,000 after acquiring an additional 4,700 shares during the last quarter. Gabelli Funds LLC grew its position in shares of The Central and Eastern Europe Fund by 3.3% during the first quarter. Gabelli Funds LLC now owns 157,000 shares of the closed-end fund’s stock worth $2,102,000 after acquiring an additional 5,036 shares during the last quarter. 1607 Capital Partners LLC grew its position in shares of The Central and Eastern Europe Fund by 2.7% during the first quarter. 1607 Capital Partners LLC now owns 295,665 shares of the closed-end fund’s stock worth $3,959,000 after acquiring an additional 7,686 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in shares of The Central and Eastern Europe Fund by 35.8% during the third quarter. Rockefeller Capital Management L.P. now owns 36,000 shares of the closed-end fund’s stock worth $237,000 after acquiring an additional 9,500 shares during the last quarter. 13.37% of the stock is owned by institutional investors and hedge funds.

The Central and Eastern Europe Fund Company Profile

(Get Rating)

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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