Royce Global Value Trust (NYSE:RGT) Shares Up 0.7% – Here’s Why

Royce Global Value Trust, Inc. (NYSE:RGT)’s share price rose 0.7% during trading on Wednesday. The company traded as high as $15.28 and last traded at $15.2050. 4,884 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 20,050 shares. The stock had previously closed at $15.10.

Royce Global Value Trust Stock Down 1.4%

The company has a fifty day moving average of $14.51 and a 200 day moving average of $14.45.

Institutional Investors Weigh In On Royce Global Value Trust

Large investors have recently modified their holdings of the company. Fifth Third Bancorp bought a new position in Royce Global Value Trust during the first quarter worth $48,000. Susquehanna International Group LLP boosted its position in Royce Global Value Trust by 9.8% during the second quarter. Susquehanna International Group LLP now owns 17,218 shares of the company’s stock valued at $245,000 after acquiring an additional 1,536 shares during the last quarter. Tidal Investments LLC boosted its position in Royce Global Value Trust by 5.3% during the second quarter. Tidal Investments LLC now owns 30,535 shares of the company’s stock valued at $435,000 after acquiring an additional 1,539 shares during the last quarter. Beckerman Institutional LLC acquired a new stake in Royce Global Value Trust during the 2nd quarter worth about $612,000. Finally, Blue Bell Private Wealth Management LLC grew its holdings in Royce Global Value Trust by 9.6% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 130,924 shares of the company’s stock worth $1,864,000 after acquiring an additional 11,470 shares during the period.

Royce Global Value Trust Company Profile

Royce Global Value Trust, Inc. (NYSE:RGT) is a closed-end investment company that seeks long-term growth of capital by investing primarily in equity securities of companies located around the world. The fund emphasizes small-capitalization businesses that its investment adviser believes are undervalued relative to their underlying business prospects. RGT provides investors with a diversified portfolio of global value-oriented equities, including holdings in the United States and international markets.