Sit Investment Associates Inc. lowered its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ – Free Report) by 9.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 978,911 shares of the company’s stock after selling 101,157 shares during the quarter. Sit Investment Associates Inc.’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $14,312,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Invesco Ltd. grew its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 7.5% in the fourth quarter. Invesco Ltd. now owns 11,207 shares of the company’s stock valued at $164,000 after acquiring an additional 785 shares in the last quarter. XTX Topco Ltd bought a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust during the fourth quarter worth $214,000. Readystate Asset Management LP bought a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust during the fourth quarter worth $203,000. Rivernorth Capital Management LLC boosted its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 14.2% in the fourth quarter. Rivernorth Capital Management LLC now owns 489,213 shares of the company’s stock worth $7,152,000 after purchasing an additional 60,904 shares during the last quarter. Finally, Evolve Private Wealth LLC purchased a new position in Calamos Long/Short Equity & Dynamic Income Term Trust in the fourth quarter worth $1,009,000.
Calamos Long/Short Equity & Dynamic Income Term Trust Stock Performance
Shares of NASDAQ:CPZ opened at $12.96 on Friday. Calamos Long/Short Equity & Dynamic Income Term Trust has a 1 year low of $12.41 and a 1 year high of $16.82. The business has a fifty day moving average price of $13.34 and a two-hundred day moving average price of $14.19.
Calamos Long/Short Equity & Dynamic Income Term Trust Announces Dividend
About Calamos Long/Short Equity & Dynamic Income Term Trust
Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ: CPZ) is a closed-end management investment company that seeks to deliver long-term total return through a combination of capital appreciation and current income. The trust pursues this objective by maintaining a diversified portfolio of equity securities with an overlay of dynamic income strategies, including the use of call and put options.
The trust’s core investment approach combines long and short positions in U.S. and foreign equities, allowing portfolio managers to express both positive and negative views on individual securities and sectors.
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Want to see what other hedge funds are holding CPZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ – Free Report).
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