Wolverine Asset Management LLC bought a new position in First Trust/aberdeen Emerging Oppo (NYSE:FEO) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 51,176 shares of the company’s stock, valued at approximately $835,000.
Separately, Advisor Group Inc. increased its stake in First Trust/aberdeen Emerging Oppo by 260.0% in the 4th quarter. Advisor Group Inc. now owns 7,200 shares of the company’s stock worth $118,000 after acquiring an additional 5,200 shares during the last quarter.
First Trust/aberdeen Emerging Oppo (FEO) opened at $16.69 on Wednesday. First Trust/aberdeen Emerging Oppo has a one year low of $14.96 and a one year high of $17.42.
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First Trust/aberdeen Emerging Oppo Profile
First Trust/Aberdeen Emerging Opportunity Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return. The Fund pursues its investment objective by investing at least 80% of its managed assets in a diversified portfolio of equity and fixed-income securities of issuers in emerging market countries.
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