Institutional Investors Lead Shift in Mexico Equity & Income Fund Inc (NYSE:MXE) Sentiment

December 8, 2017 - By Ellis Scott

 Institutional Investors Lead Shift in Mexico Equity & Income Fund Inc (NYSE:MXE) Sentiment

Sentiment for Mexico Equity & Income Fund Inc (NYSE:MXE)

Mexico Equity & Income Fund Inc (NYSE:MXE) institutional sentiment decreased to 0.71 in 2017 Q2. Its down -0.29, from 1 in 2017Q1. The ratio turned negative, as 5 institutional investors increased or started new holdings, while 7 reduced and sold their stakes in Mexico Equity & Income Fund Inc. The institutional investors in our partner’s database now possess: 4.01 million shares, down from 4.03 million shares in 2017Q1. Also, the number of institutional investors holding Mexico Equity & Income Fund Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 5 Increased: 5 New Position: 0.

The stock decreased 0.63% or $0.0662 during the last trading session, reaching $10.4092. About 7,970 shares traded or 1.17% up from the average. Mexico Equity & Income Fund Inc. (NYSE:MXE) has declined 0.36% since December 8, 2016 and is downtrending. It has underperformed by 17.06% the S&P500.

City Of London Investment Management Co Ltd holds 2.54% of its portfolio in Mexico Equity & Income Fund Inc. for 2.93 million shares. Thomas J. Herzfeld Advisors Inc. owns 96,595 shares or 0.48% of their US portfolio. Moreover, 1607 Capital Partners Llc has 0.23% invested in the company for 329,826 shares. The New Hampshire-based Lumbard & Kellner Llc has invested 0.12% in the stock. Cornerstone Advisors Inc, a Alabama-based fund reported 26,234 shares.#img1#

More recent Mexico Equity & Income Fund Inc. (NYSE:MXE) news were published by: Seekingalpha.com which released: “Saba Capital’s Fund Of Funds: A Fresh Look At This New Player In Closed-End Funds” on April 19, 2017. Also Seekingalpha.com published the news titled: “Equity Bargains In Closed-End Funds: CEF Weekly Update” on August 21, 2017. Fool.com‘s news article titled: “3 Top Mexico ETFs” with publication date: August 02, 2017 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.