Alpine Global Premier Properties Fund (AWP) : Net money flow in Alpine Global Premier Properties Fund (AWP) was negative ($3.36 million) and the inflow of money on uptick was $0.69 million, whereas, the outflow of money on downticks amounted to $4.05 million on Thursday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.17. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $0.17 million. On the other hand, the total value of block trades done on downticks was $3.44 million. The ratio of uptick to downtick block trades was 0.05. The money flow in block trades was negative ($3.28). Alpine Global Premier Properties Fund (AWP) gained $0.01 cent during the day and reached $5.5, a gain of 0.18% over the previous day.
The stock has recorded a 20-day Moving Average of 0.87% and the 50-Day Moving Average is 0.2%. Shares have dropped -15.67% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $6.56 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $5.51 and the 200 Day Moving Average price is recorded at $5.40.
Alpine Global Premier Properties Fund (NYSE:AWP): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.51 and $5.43 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.53. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.50, notching a gain of 0.18% for the day. The total traded volume was 1,388,058 . The stock had closed at $5.49 on the previous day.
In an insider trading activity, Lieber Samuel A, director officer (President) of Alpine Global Premier Properties Fund, executed a transaction worth $1,168,000 on August 28, 2015. A total of 200,000 shares were purchased at an average price of $5.84. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Alpine Global Premier Properties Fund (the Fund) is a diversified, closed-end management investment company. The Funds primary investment objective is capital appreciation. Its secondary investment objective is high current income. The Fund invests in equity-linked securities and various other derivative instruments. It also invests in equity-linked structured notes. The Fund invests a portion of its assets in foreign securities. The Fund invests in sectors, such as financial, residential, lodging, office, mortgage, industrials and retail. The Fund invests in the United States, Japan, the United Kingdom, Brazil and Singapore. Alpine Woods Capital Investors, LLC serves as the Funds investment advisor.