Shaker Financial Services LLC Sells 6,446 Shares of Mexico Equity & Income Fund Inc. (NYSE:MXE)

Shaker Financial Services LLC reduced its position in shares of Mexico Equity & Income Fund Inc. (NYSE:MXE) by 7.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 77,758 shares of the investment management company’s stock after selling 6,446 shares during the period. Shaker Financial Services LLC’s holdings in Mexico Equity & Income Fund were worth $713,000 at the end of the most recent quarter.

Separately, Wolverine Asset Management LLC lifted its position in shares of Mexico Equity & Income Fund by 117.7% during the 2nd quarter. Wolverine Asset Management LLC now owns 20,620 shares of the investment management company’s stock worth $198,000 after buying an additional 11,149 shares in the last quarter.

Mexico Equity & Income Fund Stock Performance

Shares of NYSE MXE opened at $8.82 on Thursday. The stock’s 50 day moving average price is $8.99 and its 200-day moving average price is $9.66. Mexico Equity & Income Fund Inc. has a twelve month low of $8.36 and a twelve month high of $11.63.

Mexico Equity & Income Fund Company Profile

Mexico Equity & Income Fund Inc is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, SA de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities. The fund invests in the stocks of companies operating across diversified sectors.