Private Management Group Inc. Grows Holdings in Royce Global Value Trust, Inc. (NYSE:RGT)

Private Management Group Inc. increased its position in shares of Royce Global Value Trust, Inc. (NYSE:RGT) by 1.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 195,428 shares of the company’s stock after acquiring an additional 3,615 shares during the quarter. Private Management Group Inc.’s holdings in Royce Global Value Trust were worth $1,905,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in RGT. Raymond James & Associates acquired a new position in Royce Global Value Trust in the 4th quarter valued at $2,170,000. Atlas Wealth LLC grew its position in shares of Royce Global Value Trust by 13.3% during the 3rd quarter. Atlas Wealth LLC now owns 120,898 shares of the company’s stock valued at $1,053,000 after acquiring an additional 14,226 shares during the period. Shaker Financial Services LLC raised its position in Royce Global Value Trust by 24.7% in the 3rd quarter. Shaker Financial Services LLC now owns 107,419 shares of the company’s stock worth $936,000 after purchasing an additional 21,257 shares during the period. Wolverine Asset Management LLC raised its holdings in shares of Royce Global Value Trust by 9.5% during the third quarter. Wolverine Asset Management LLC now owns 49,542 shares of the company’s stock worth $432,000 after purchasing an additional 4,295 shares during the last quarter. Finally, Cornerstone Advisors LLC raised its holdings in shares of Royce Global Value Trust by 221.7% during the third quarter. Cornerstone Advisors LLC now owns 36,103 shares of the company’s stock worth $314,000 after purchasing an additional 24,881 shares during the last quarter.

Royce Global Value Trust Price Performance

Royce Global Value Trust stock traded up $0.01 during midday trading on Wednesday, reaching $10.30. The company’s stock had a trading volume of 2,631 shares, compared to its average volume of 19,462. The stock’s 50 day simple moving average is $10.48 and its 200 day simple moving average is $9.68. Royce Global Value Trust, Inc. has a fifty-two week low of $7.84 and a fifty-two week high of $11.08.

Royce Global Value Trust Company Profile

Royce Global Value Trust, Inc was a closed ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets across the globe. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small-cap and micro-cap companies.