Freestone Capital Holdings LLC boosted its holdings in shares of The Central and Eastern Europe Fund, Inc. (NYSE:CEE – Free Report) by 295.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 177,858 shares of the closed-end fund’s stock after buying an additional 132,858 shares during the period. Freestone Capital Holdings LLC’s holdings in The Central and Eastern Europe Fund were worth $3,148,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Investors Research Corp acquired a new stake in The Central and Eastern Europe Fund during the fourth quarter worth $69,000. Osaic Holdings Inc. acquired a new stake in The Central and Eastern Europe Fund during the second quarter worth $128,000. XTX Topco Ltd acquired a new stake in The Central and Eastern Europe Fund during the second quarter worth $179,000. Raymond James Financial Inc. boosted its stake in The Central and Eastern Europe Fund by 8.4% during the second quarter. Raymond James Financial Inc. now owns 16,689 shares of the closed-end fund’s stock worth $259,000 after buying an additional 1,291 shares in the last quarter. Finally, Susquehanna International Group LLP acquired a new stake in The Central and Eastern Europe Fund during the third quarter worth $331,000. Institutional investors and hedge funds own 34.41% of the company’s stock.
The Central and Eastern Europe Fund Trading Up 1.1%
CEE opened at $20.51 on Wednesday. The Central and Eastern Europe Fund, Inc. has a fifty-two week low of $12.94 and a fifty-two week high of $20.71. The firm’s fifty day moving average price is $18.73 and its two-hundred day moving average price is $17.40.
About The Central and Eastern Europe Fund
The Central and Eastern Europe Fund, Inc (NYSE: CEE) is a closed-end management investment company that seeks to provide shareholders with long-term growth of capital and a high level of current income. Since its initial public offering in 1994, the fund has focused on equity and equity-related securities of companies operating in Central and Eastern Europe. Shares of CEE are traded on the New York Stock Exchange, offering U.S. investors direct exposure to the economic growth and development of this dynamic region.
CEE’s investment strategy combines a macroeconomic top-down framework with rigorous bottom-up security selection.
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