PNC Financial Services Group Inc. lessened its holdings in shares of NEW IRELAND FD (NYSE:IRL) by 77.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,699 shares of the financial services provider’s stock after selling 25,865 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.14% of NEW IRELAND FD worth $107,000 at the end of the most recent reporting period.

Separately, Laurion Capital Management LP acquired a new position in NEW IRELAND FD during the second quarter valued at approximately $1,248,000. 15.38% of the stock is currently owned by institutional investors and hedge funds.

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NEW IRELAND FD (NYSE:IRL) opened at 13.65 on Wednesday. The firm’s 50-day moving average price is $13.77 and its 200 day moving average price is $13.81. NEW IRELAND FD has a one year low of $11.30 and a one year high of $14.33.

NEW IRELAND FD Company Profile

The New Ireland Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investment primarily in equity securities of Irish companies. Under normal circumstances, the Fund invests approximately 80% of its total assets in Irish equity and fixed income securities.

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