Royce Global Value Trust (NYSE:RGT) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Royce Global Value Trust, Inc. (NYSE:RGTGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.25 and traded as low as $10.64. Royce Global Value Trust shares last traded at $10.68, with a volume of 36,990 shares changing hands.

Royce Global Value Trust Trading Up 0.2 %

The company has a 50-day moving average price of $10.91 and a two-hundred day moving average price of $11.25.

Institutional Trading of Royce Global Value Trust

Several hedge funds and other institutional investors have recently bought and sold shares of RGT. Almitas Capital LLC purchased a new stake in shares of Royce Global Value Trust in the fourth quarter worth $160,000. Cornerstone Advisors LLC increased its holdings in Royce Global Value Trust by 1,172.0% in the 4th quarter. Cornerstone Advisors LLC now owns 27,158 shares of the company’s stock worth $291,000 after acquiring an additional 25,023 shares in the last quarter. LPL Financial LLC increased its stake in shares of Royce Global Value Trust by 139.4% in the fourth quarter. LPL Financial LLC now owns 27,743 shares of the company’s stock worth $297,000 after purchasing an additional 16,153 shares in the last quarter. 1776 Wealth LLC increased its stake in shares of Royce Global Value Trust by 4.4% in the fourth quarter. 1776 Wealth LLC now owns 30,724 shares of the company’s stock worth $329,000 after purchasing an additional 1,285 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in shares of Royce Global Value Trust by 13.0% during the third quarter. Captrust Financial Advisors now owns 33,049 shares of the company’s stock worth $383,000 after acquiring an additional 3,800 shares during the last quarter.

Royce Global Value Trust Company Profile

(Get Free Report)

Royce Global Value Trust, Inc was a closed ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets across the globe. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small-cap and micro-cap companies.

Further Reading

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