Royce Global Value Trust (NYSE:RGT) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Royce Global Value Trust, Inc. (NYSE:RGT) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $11.41 and traded as low as $11.07. Royce Global Value Trust shares last traded at $11.13, with a volume of 8,392 shares trading hands.

Royce Global Value Trust Trading Up 0.0 %

The firm’s 50-day moving average price is $11.21 and its 200 day moving average price is $11.41.

Royce Global Value Trust Announces Dividend

The firm also recently declared an annual dividend, which was paid on Monday, December 23rd. Stockholders of record on Thursday, December 12th were issued a dividend of $0.47 per share. The ex-dividend date was Thursday, December 12th.

Institutional Trading of Royce Global Value Trust

Institutional investors have recently made changes to their positions in the stock. Captrust Financial Advisors grew its holdings in Royce Global Value Trust by 13.0% during the third quarter. Captrust Financial Advisors now owns 33,049 shares of the company’s stock worth $383,000 after acquiring an additional 3,800 shares during the period. Raymond James & Associates lifted its position in Royce Global Value Trust by 0.9% in the 3rd quarter. Raymond James & Associates now owns 880,266 shares of the company’s stock worth $10,211,000 after buying an additional 8,220 shares in the last quarter. Beckerman Institutional LLC acquired a new stake in shares of Royce Global Value Trust during the 3rd quarter valued at about $150,000. Wolverine Asset Management LLC acquired a new position in Royce Global Value Trust during the third quarter worth $267,000. Finally, Shaker Financial Services LLC raised its stake in shares of Royce Global Value Trust by 148.1% in the 3rd quarter. Shaker Financial Services LLC now owns 51,765 shares of the company’s stock valued at $600,000 after acquiring an additional 30,899 shares in the last quarter.

About Royce Global Value Trust

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.