City Of London Investment Management Co Ltd buys $67,398,047 stake in Aberdeen Latin America Equity Fund (LAQ)

Aberdeen Latin America Equity Fund (LAQ) : City Of London Investment Management Co Ltd scooped up 52,534 additional shares in Aberdeen Latin America Equity Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 3,025,047 shares of Aberdeen Latin America Equity Fund which is valued at $67,398,047.Aberdeen Latin America Equity Fund makes up approximately 5.00% of City Of London Investment Management Co Ltd’s portfolio.

Other Hedge Funds, Including , Massmutual Trust Co Fsbadv added LAQ to its portfolio by purchasing 9 company shares during the most recent quarter which is valued at $201.Tower Research Capital (trc) boosted its stake in LAQ in the latest quarter, The investment management firm added 444 additional shares and now holds a total of 461 shares of Aberdeen Latin America Equity Fund which is valued at $10,271.Sii Investments Incwi boosted its stake in LAQ in the latest quarter, The investment management firm added 5,750 additional shares and now holds a total of 32,855 shares of Aberdeen Latin America Equity Fund which is valued at $717,882. Aberdeen Latin America Equity Fund makes up approx 0.06% of Sii Investments Incwi’s portfolio.Blue Bell Private Wealth Management reduced its stake in LAQ by selling 400 shares or 7.03% in the most recent quarter. The Hedge Fund company now holds 5,289 shares of LAQ which is valued at $112,391. Aberdeen Latin America Equity Fund makes up approx 0.07% of Blue Bell Private Wealth Management’s portfolio. Msi Financial Services Inc sold out all of its stake in LAQ during the most recent quarter. The investment firm sold 12 shares of LAQ which is valued $254.

Aberdeen Latin America Equity Fund opened for trading at $21.24 and hit $21.6134 on the upside on Monday, eventually ending the session at $21.6134, with a gain of 1.33% or 0.2834 points. The heightened volatility saw the trading volume jump to 1,724 shares. Company has a market cap of $161 M.

Aberdeen Latin America Equity Fund Inc. (the Fund) is a non-diversified closed-end management investment company. The Fund’s principal investment objective is to seek long-term capital appreciation by investing primarily in Latin American equity securities. The Fund invests in Financials Consumer Staples Industrials Materials Consumer Discretionary Energy Information Technology HealthCare Utilities and Private Equity. It invests in various geographical locations including Brazil Mexico Colombia Argentina United States and Peru. Aberdeen Asset Managers Limited is the Fund’s investment adviser.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *