Cohen & Steers Quality Income Realty Fund (NYSE:RQI) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI – Get Free Report)’s share price passed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $11.50 and traded as high as $11.73. Cohen & Steers Quality Income Realty Fund shares last traded at $11.6950, with a volume of 620,239 shares changing hands.

Cohen & Steers Quality Income Realty Fund Stock Performance

The firm has a 50-day simple moving average of $11.50 and a 200 day simple moving average of $12.38.

Hedge Funds Weigh In On Cohen & Steers Quality Income Realty Fund

Large investors have recently modified their holdings of the business. Sound Financial Strategies Group LLC increased its stake in Cohen & Steers Quality Income Realty Fund by 2.0% during the 2nd quarter. Sound Financial Strategies Group LLC now owns 42,247 shares of the real estate investment trust’s stock worth $520,000 after buying an additional 811 shares during the period. 180 Wealth Advisors LLC boosted its position in Cohen & Steers Quality Income Realty Fund by 7.8% in the 1st quarter. 180 Wealth Advisors LLC now owns 11,299 shares of the real estate investment trust’s stock valued at $136,000 after buying an additional 821 shares during the last quarter. Concurrent Investment Advisors LLC boosted its position in Cohen & Steers Quality Income Realty Fund by 5.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 17,474 shares of the real estate investment trust’s stock valued at $215,000 after buying an additional 897 shares during the last quarter. TD Waterhouse Canada Inc. grew its position in shares of Cohen & Steers Quality Income Realty Fund by 3.1% during the second quarter. TD Waterhouse Canada Inc. now owns 33,000 shares of the real estate investment trust’s stock worth $407,000 after buying an additional 1,000 shares in the last quarter. Finally, Breakwater Capital Group increased its stake in shares of Cohen & Steers Quality Income Realty Fund by 5.7% in the second quarter. Breakwater Capital Group now owns 18,597 shares of the real estate investment trust’s stock worth $229,000 after buying an additional 1,002 shares during the last quarter.

About Cohen & Steers Quality Income Realty Fund

(Get Free Report)

Cohen & Steers Quality Income Realty Fund, Inc is a publicly traded closed-end investment company managed by Cohen & Steers Capital Management. The fund seeks to provide a high level of current income and long-term capital appreciation by investing primarily in real estate-related securities.

RQI’s portfolio may include common and preferred stocks of real estate investment trusts (REITs), real estate operating companies, and other companies involved in the ownership, development, management, or financing of real estate.

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