13,076 Shares in The European Equity Fund, Inc. (NYSE:EEA) Acquired by Logan Stone Capital LLC

Logan Stone Capital LLC acquired a new position in The European Equity Fund, Inc. (NYSE:EEA) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 13,076 shares of the financial services provider’s stock, valued at approximately $117,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EEA. Wolverine Asset Management LLC lifted its stake in The European Equity Fund by 55.8% in the second quarter. Wolverine Asset Management LLC now owns 32,733 shares of the financial services provider’s stock valued at $294,000 after buying an additional 11,723 shares during the period. Matisse Capital acquired a new position in The European Equity Fund in the first quarter valued at approximately $330,000. Lazard Asset Management LLC lifted its stake in The European Equity Fund by 1.6% in the first quarter. Lazard Asset Management LLC now owns 192,009 shares of the financial services provider’s stock valued at $1,710,000 after buying an additional 3,098 shares during the period. Uncommon Cents Investing LLC lifted its stake in The European Equity Fund by 1.6% in the first quarter. Uncommon Cents Investing LLC now owns 305,063 shares of the financial services provider’s stock valued at $2,718,000 after buying an additional 4,750 shares during the period. Finally, Shaker Financial Services LLC lifted its stake in The European Equity Fund by 4.0% in the second quarter. Shaker Financial Services LLC now owns 375,603 shares of the financial services provider’s stock valued at $3,374,000 after buying an additional 14,576 shares during the period. 51.94% of the stock is owned by institutional investors and hedge funds.

The European Equity Fund Price Performance

Shares of EEA opened at $9.45 on Friday. The European Equity Fund, Inc. has a 52-week low of $7.45 and a 52-week high of $9.47. The business’s 50 day moving average price is $9.10 and its two-hundred day moving average price is $9.02.

About The European Equity Fund

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.