Raymond James Financial Services Advisors Inc. Cuts Stake in Royce Global Value Trust, Inc. (NYSE:RGT)

Raymond James Financial Services Advisors Inc. lessened its holdings in Royce Global Value Trust, Inc. (NYSE:RGT) by 51.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 16,995 shares of the company’s stock after selling 17,878 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Royce Global Value Trust were worth $166,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of RGT. Raymond James & Associates purchased a new position in Royce Global Value Trust in the fourth quarter valued at $2,170,000. Cornerstone Advisors LLC raised its position in Royce Global Value Trust by 221.7% in the 3rd quarter. Cornerstone Advisors LLC now owns 36,103 shares of the company’s stock valued at $314,000 after purchasing an additional 24,881 shares in the last quarter. Private Management Group Inc. boosted its stake in shares of Royce Global Value Trust by 13.4% in the 3rd quarter. Private Management Group Inc. now owns 191,813 shares of the company’s stock valued at $1,671,000 after buying an additional 22,613 shares during the period. Shaker Financial Services LLC grew its position in shares of Royce Global Value Trust by 24.7% during the third quarter. Shaker Financial Services LLC now owns 107,419 shares of the company’s stock worth $936,000 after buying an additional 21,257 shares in the last quarter. Finally, Atlas Wealth LLC increased its stake in shares of Royce Global Value Trust by 13.3% during the third quarter. Atlas Wealth LLC now owns 120,898 shares of the company’s stock worth $1,053,000 after buying an additional 14,226 shares during the period.

Royce Global Value Trust Stock Down 1.8 %

Shares of NYSE:RGT opened at $10.11 on Friday. Royce Global Value Trust, Inc. has a fifty-two week low of $7.84 and a fifty-two week high of $11.08. The firm’s 50 day moving average price is $10.47 and its 200 day moving average price is $9.69.

Royce Global Value Trust Profile

Royce Global Value Trust, Inc was a closed ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets across the globe. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small-cap and micro-cap companies.