November 16, 2016 - By Vivian Park · 0 Comments
Central Europe Russia & Turkey Fund Inc (NYSE:CEE) institutional sentiment decreased to 1 in Q2 2016. Its down -0.33, from 1.33 in 2016Q1. The ratio turned negative, as 8 investment professionals opened new or increased equity positions, while 8 sold and trimmed holdings in Central Europe Russia & Turkey Fund Inc. The investment professionals in our partner’s database reported: 4.89 million shares, up from 4.38 million shares in 2016Q1. Also, the number of investment professionals holding Central Europe Russia & Turkey Fund Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 7 Increased: 6 New Position: 2.
The Central Europe, Russia and Turkey Fund, Inc. is a non-diversified, closed-end investment company. The company has a market cap of $153.32 million. The Fund seeks long term capital appreciation through investment primarily in equity or equity-linked securities of issuers domiciled in Central Europe, Russia and Turkey. It currently has negative earnings. The Fund invests in chemicals, commercial banks, diversified financial services, diversified telecommunication services, food and staples retailing, independent power producers and energy traders, Internet software and services, metals and mining, oil, gas and consumable fuels, air freight and logistics, insurance, media and automobiles, among others.
About 13,269 shares traded hands. Central Europe Russia and Turkey Fd Inc (NYSE:CEE) has declined 2.25% since April 14, 2016 and is downtrending. It has underperformed by 6.93% the S&P500.
City Of London Investment Management Co Ltd holds 2.28% of its portfolio in Central Europe Russia and Turkey Fd Inc for 1.57 million shares. Gramercy Funds Management Llc owns 106,702 shares or 0.82% of their US portfolio. Moreover, Doliver Capital Advisors Inc. has 0.49% invested in the company for 31,715 shares. The Virginia-based 1607 Capital Partners Llc has invested 0.37% in the stock. Meridian Investment Counsel Inc., a California-based fund reported 27,822 shares.#img1#
More important recent Central Europe Russia and Turkey Fd Inc (NYSE:CEE) news were published by: Businesswire.com which released: “The Central Europe, Russia and Turkey Fund, Inc., The European Equity Fund …” on October 21, 2016, also Businesswire.com published article titled: “The Central Europe, Russia and Turkey Fund, Inc. Announces Final Results of …”, Barrons.com published: “ETFs for Emerging Europe” on April 04, 2015. More interesting news about Central Europe Russia and Turkey Fd Inc (NYSE:CEE) was released by: 247Wallst.com and their article: “Why Credit Suisse Keeps Warming Up to Investing in Russia” with publication date: April 11, 2016.
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By Vivian Park