European Equity Fund (EEA) : Shaker Financial Services scooped up 11,409 additional shares in European Equity Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 242,984 shares of European Equity Fund which is valued at $1,895,275.European Equity Fund makes up approximately 1.28% of Shaker Financial Services’s portfolio.
Other Hedge Funds, Including , Msi Financial Services Inc reduced its stake in EEA by selling 101 shares or 23.76% in the most recent quarter. The Hedge Fund company now holds 324 shares of EEA which is valued at $2,527.North Star Investment Management Corp. reduced its stake in EEA by selling 1,625 shares or 2.69% in the most recent quarter. The Hedge Fund company now holds 58,874 shares of EEA which is valued at $458,040. European Equity Fund makes up approx 0.08% of North Star Investment Management Corp.’s portfolio.
The European Equity Fund Inc. is a diversified closed-end management investment fund. The Fund’s objective is to seek long-term capital appreciation through investment primarily (normally at least 80% of assets) in equity and equity-linked securities of companies domiciled in countries utilizing the euro currency. The Fund invests in sectors including information technology financials healthcare consumer discretionary industrials consumer staples and telecommunication services among others. Deutsche Asset & Wealth Management International GmbH acts as the investment adviser of the Fund. The Fund is managed by Deutsche Investment Management Americas Inc.