Central and Eastern Europe Fund (CEE) Reaches New 12-Month High at $25.69 – Finance Daily

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Central and Eastern Europe Fund Inc (NYSE:CEE)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $25.69 and last traded at $25.63, with a volume of 101 shares traded. The stock had previously closed at $25.56.

A number of institutional investors and hedge funds have recently bought and sold shares of CEE. Whittier Trust Co. bought a new position in Central and Eastern Europe Fund during the 4th quarter worth approximately $173,000. Strs Ohio grew its position in Central and Eastern Europe Fund by 1.1% during the 4th quarter. Strs Ohio now owns 255,228 shares of the closed-end fund’s stock worth $5,609,000 after acquiring an additional 2,760 shares during the last quarter. Finally, City of London Investment Management Co. Ltd. grew its position in Central and Eastern Europe Fund by 8.6% during the 4th quarter. City of London Investment Management Co. Ltd. now owns 1,381,678 shares of the closed-end fund’s stock worth $30,501,000 after acquiring an additional 108,876 shares during the last quarter. Institutional investors and hedge funds own 43.87% of the company’s stock.

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Central and Eastern Europe Fund Company Profile (NYSE:CEE)

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.

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