Allspring Global Investments Holdings LLC Sells 6,002 Shares of The European Equity Fund, Inc. (NYSE:EEA)

Allspring Global Investments Holdings LLC reduced its stake in The European Equity Fund, Inc. (NYSE:EEA) by 0.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 681,662 shares of the financial services provider’s stock after selling 6,002 shares during the period. Allspring Global Investments Holdings LLC owned approximately 9.88% of The European Equity Fund worth $5,890,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Shaker Financial Services LLC increased its holdings in The European Equity Fund by 11.2% in the 3rd quarter. Shaker Financial Services LLC now owns 307,983 shares of the financial services provider’s stock valued at $2,448,000 after acquiring an additional 31,097 shares during the last quarter. Uncommon Cents Investing LLC increased its holdings in The European Equity Fund by 5.8% in the 4th quarter. Uncommon Cents Investing LLC now owns 300,313 shares of the financial services provider’s stock valued at $2,595,000 after acquiring an additional 16,505 shares during the last quarter. Raymond James & Associates increased its holdings in The European Equity Fund by 10.6% in the 3rd quarter. Raymond James & Associates now owns 49,567 shares of the financial services provider’s stock valued at $394,000 after acquiring an additional 4,763 shares during the last quarter. CSS LLC IL increased its holdings in The European Equity Fund by 27.0% in the 4th quarter. CSS LLC IL now owns 44,307 shares of the financial services provider’s stock valued at $332,000 after acquiring an additional 9,414 shares during the last quarter. Finally, Wolverine Asset Management LLC bought a new stake in The European Equity Fund in the 3rd quarter valued at $123,000. 51.94% of the stock is currently owned by institutional investors.

The European Equity Fund Trading Down 0.6 %

Shares of NYSE EEA opened at $8.46 on Friday. The firm’s fifty day moving average is $8.77 and its two-hundred day moving average is $8.45. The European Equity Fund, Inc. has a 52-week low of $7.45 and a 52-week high of $9.26.

The European Equity Fund Company Profile

The European Equity 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 of Europe. The fund seeks to invest in the stocks of companies operating across diversified sectors.