Quantedge Capital Pte Ltd Increases Stake in The Mexico Fund, Inc. (NYSE:MXF)

Quantedge Capital Pte Ltd grew its position in shares of The Mexico Fund, Inc. (NYSE:MXF) by 28.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 92,284 shares of the investment management company’s stock after buying an additional 20,400 shares during the quarter. Quantedge Capital Pte Ltd owned 0.63% of The Mexico Fund worth $1,218,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Logan Stone Capital LLC raised its position in The Mexico Fund by 11.8% in the fourth quarter. Logan Stone Capital LLC now owns 81,317 shares of the investment management company’s stock worth $1,073,000 after acquiring an additional 8,606 shares in the last quarter. Calamos Advisors LLC purchased a new position in The Mexico Fund in the fourth quarter worth $174,000. Matisse Capital raised its position in The Mexico Fund by 7.7% in the fourth quarter. Matisse Capital now owns 195,000 shares of the investment management company’s stock worth $2,574,000 after acquiring an additional 14,000 shares in the last quarter. Rahlfs Capital LLC purchased a new position in The Mexico Fund in the fourth quarter worth $276,000. Finally, 1607 Capital Partners LLC increased its stake in The Mexico Fund by 22.8% in the 4th quarter. 1607 Capital Partners LLC now owns 246,686 shares of the investment management company’s stock valued at $3,256,000 after purchasing an additional 45,845 shares in the last quarter.

Insider Activity at The Mexico Fund

In other The Mexico Fund news, Director La Calle Luis De acquired 6,000 shares of the company’s stock in a transaction dated Thursday, March 13th. The stock was acquired at an average cost of $14.32 per share, with a total value of $85,920.00. Following the purchase, the director now directly owns 7,344 shares in the company, valued at approximately $105,166.08. This trade represents a 446.43% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 2.69% of the stock is currently owned by company insiders.

The Mexico Fund Stock Up 0.8%

NYSE MXF opened at $16.26 on Thursday. The Mexico Fund, Inc. has a 1-year low of $12.99 and a 1-year high of $18.93. The business has a 50 day moving average price of $14.79 and a 200 day moving average price of $14.15.

The Mexico Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Tuesday, April 22nd were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 5.41%. The ex-dividend date was Tuesday, April 22nd.

The Mexico Fund Profile

The Mexico Fund, Inc is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc was formed in June 01, 1981 and is domiciled in Maryland, United States.