First Trust (NYSE:FEO) Sentiment Change Report

June 20, 2017 - By Marguerite Chambers

 First Trust (NYSE:FEO) Sentiment Change Report

Sentiment for First Trust (NYSE:FEO)

First Trust (NYSE:FEO) institutional sentiment increased to 1.88 in 2016 Q4. Its up 0.25, from 1.63 in 2016Q3. The ratio has improved, as 15 active investment managers increased or started new stock positions, while 8 reduced and sold their equity positions in First Trust. The active investment managers in our partner’s database now hold: 2.10 million shares, down from 2.38 million shares in 2016Q3. Also, the number of active investment managers holding First Trust in their top 10 stock positions decreased from 1 to 0 for a decrease of 1. Sold All: 2 Reduced: 6 Increased: 9 New Position: 6.

First Trust/Aberdeen Emerging Opportunity Fund is a diversified, closed-end management investment company. The company has market cap of $86.07 million. The Fund’s investment objective is to provide a high level of total return. It currently has negative earnings. The Fund pursues its investment objective by investing at least 80% of its managed assets in a diversified portfolio of equity and fixed-income securities of issuers in emerging market countries.

It closed at $16.35 lastly. It is down 20.35% since June 20, 2016 and is uptrending. It has outperformed by 3.65% the S&P500.

1607 Capital Partners Llc holds 0.33% of its portfolio in First Trust aberdeen Emerging Oppo for 351,908 shares. City Of London Investment Management Co Ltd owns 250,406 shares or 0.28% of their US portfolio. Moreover, Doliver Capital Advisors Inc. has 0.16% invested in the company for 13,136 shares. The Alabama-based Cornerstone Advisors Inc has invested 0.11% in the stock. Gramercy Funds Management Llc, a Connecticut-based fund reported 10,700 shares.#img1#

Another recent and important First Trust aberdeen Emerging Oppo (NYSE:FEO) news was published by Reuters.com which published an article titled: “First Trust/Aberdeen Emerging Opportunity Fund declares quarterly distribution of $0.35 per share” on September 10, 2015.

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