Patriot Financial Group Insurance Agency LLC Raises Stock Position in The Central and Eastern Europe Fund, Inc. $CEE

Patriot Financial Group Insurance Agency LLC lifted its position in The Central and Eastern Europe Fund, Inc. (NYSE:CEE) by 43.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,425 shares of the closed-end fund’s stock after buying an additional 5,900 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in The Central and Eastern Europe Fund were worth $301,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Silver Point Capital L.P. purchased a new position in shares of The Central and Eastern Europe Fund in the 1st quarter worth approximately $736,000. Freestone Capital Holdings LLC purchased a new position in shares of The Central and Eastern Europe Fund in the 1st quarter worth approximately $649,000. Accretive Wealth Partners LLC purchased a new position in shares of The Central and Eastern Europe Fund in the 1st quarter worth approximately $367,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of The Central and Eastern Europe Fund in the 1st quarter worth approximately $306,000. Finally, Fifth Lane Capital LP purchased a new position in shares of The Central and Eastern Europe Fund in the 1st quarter worth approximately $283,000. Hedge funds and other institutional investors own 34.41% of the company’s stock.

The Central and Eastern Europe Fund Stock Down 0.1%

Shares of The Central and Eastern Europe Fund stock opened at $15.61 on Friday. The firm’s 50 day moving average price is $16.12 and its 200-day moving average price is $15.31. The Central and Eastern Europe Fund, Inc. has a 52-week low of $10.14 and a 52-week high of $18.69.

The Central and Eastern Europe Fund Company Profile

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.