Key Points
- President Christopher Clark purchased 743 shares of Royce Global Value Trust at an average price of $14.22, investing $10,565.46 and increasing his position by 1.45% to 52,127 shares.
- RGT opened at $14.21, compared with a 52-week range of $12.01 to $15.79; its 50-day and 200-day moving averages were $14.97 and $14.48, respectively.
- Institutional activity was mixed, with several investors—including Tidal Investments and Susquehanna International Group—adding to their holdings, while new positions were initiated by other firms.
Royce Global Value Trust, Inc. (NYSE:RGT - Get Free Report) President Christopher Clark acquired 743 shares of the firm's stock in a transaction that occurred on Wednesday, September 30th. The shares were purchased at an average price of $14.22 per share, with a total value of $10,565.46. Following the completion of the acquisition, the president owned 52,127 shares of the company's stock, valued at $741,245.94. This represents a 1.45% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Royce Global Value Trust Stock Performance
NYSE RGT opened at $14.21 on Friday. Royce Global Value Trust, Inc. has a 52 week low of $12.01 and a 52 week high of $15.79. The stock's 50 day moving average price is $14.97 and its two-hundred day moving average price is $14.48.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in RGT. 1607 Capital Partners LLC bought a new position in Royce Global Value Trust in the fourth quarter valued at $1,279,000. Beckerman Institutional LLC acquired a new position in shares of Royce Global Value Trust during the 2nd quarter worth about $612,000. Tidal Investments LLC grew its holdings in shares of Royce Global Value Trust by 5.3% in the 2nd quarter. Tidal Investments LLC now owns 30,535 shares of the company's stock valued at $435,000 after acquiring an additional 1,539 shares in the last quarter. Susquehanna International Group LLP increased its position in shares of Royce Global Value Trust by 9.8% in the second quarter. Susquehanna International Group LLP now owns 17,218 shares of the company's stock valued at $245,000 after acquiring an additional 1,536 shares during the last quarter. Finally, Fifth Third Bancorp bought a new stake in Royce Global Value Trust during the first quarter worth about $48,000.
Royce Global Value Trust Company Profile
(
Get Free Report)
Royce Global Value Trust, Inc (NYSE:RGT) is a diversified, closed-end investment company that seeks long-term capital appreciation by investing in publicly traded companies around the world. The fund emphasizes value-oriented investing and typically focuses on small- and mid-capitalization businesses that its investment manager believes are undervalued relative to their underlying fundamentals.
RGT invests across multiple industries and geographic markets, including the United States and international developed and emerging markets.
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