Signaturefd LLC Makes New Investment in Mexico Equity and Income Fund, Inc. $MXE

Signaturefd LLC acquired a new position in Mexico Equity and Income Fund, Inc. (NYSE:MXE) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,488 shares of the investment management company’s stock, valued at approximately $26,000. Signaturefd LLC owned approximately 0.06% of Mexico Equity and Income Fund at the end of the most recent quarter.

Separately, City of London Investment Management Co. Ltd. boosted its holdings in shares of Mexico Equity and Income Fund by 28.8% in the 1st quarter. City of London Investment Management Co. Ltd. now owns 623,868 shares of the investment management company’s stock worth $5,440,000 after purchasing an additional 139,476 shares in the last quarter.

Mexico Equity and Income Fund Trading Up 1.0%

MXE opened at $11.54 on Wednesday. The stock has a 50-day moving average price of $11.30 and a 200-day moving average price of $10.31. Mexico Equity and Income Fund, Inc. has a 12-month low of $7.96 and a 12-month high of $11.94.

Mexico Equity and Income Fund Company Profile

Mexico Equity & Income Fund Inc is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, SA de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities. The fund invests in the stocks of companies operating across diversified sectors.