Uncommon Cents Investing LLC Has $785,000 Position in The Central and Eastern Europe Fund, Inc. (NYSE:CEE)

Uncommon Cents Investing LLC cut its stake in The Central and Eastern Europe Fund, Inc. (NYSE:CEE) by 1.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 80,508 shares of the closed-end fund’s stock after selling 1,300 shares during the quarter. Uncommon Cents Investing LLC’s holdings in The Central and Eastern Europe Fund were worth $785,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CEE. Gabelli Funds LLC raised its holdings in The Central and Eastern Europe Fund by 3.3% in the 1st quarter. Gabelli Funds LLC now owns 157,000 shares of the closed-end fund’s stock valued at $2,102,000 after acquiring an additional 5,036 shares in the last quarter. Nations Financial Group Inc. IA ADV acquired a new position in shares of The Central and Eastern Europe Fund during the 1st quarter worth $762,000. Cannell Capital LLC acquired a new position in shares of The Central and Eastern Europe Fund during the 1st quarter worth $249,000. Finally, Madison Avenue Partners LP acquired a new position in shares of The Central and Eastern Europe Fund during the 4th quarter worth $578,000. 34.41% of the stock is owned by institutional investors and hedge funds.

The Central and Eastern Europe Fund Price Performance

Shares of The Central and Eastern Europe Fund stock traded down $0.04 during trading on Thursday, reaching $9.52. 5,734 shares of the company’s stock were exchanged, compared to its average volume of 18,512. The Central and Eastern Europe Fund, Inc. has a 1-year low of $7.81 and a 1-year high of $10.32. The firm’s 50-day moving average price is $9.66 and its 200 day moving average price is $9.20.

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.