Royce Global Value Trust (NYSE:RGT) President Buys 743 Shares of Company Stock

Royce Global Value Trust, Inc. (NYSE:RGT) President Christopher Clark purchased 743 shares of the stock in a transaction dated Wednesday, September 30th. The shares were acquired at an average price of $14.22 per share, with a total value of $10,565.46. Following the transaction, the president owned 52,127 shares in the company, valued at $741,245.94. This trade represents a 1.45% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Royce Global Value Trust Trading Down 0.2%

NYSE RGT traded down $0.03 during trading hours on Thursday, hitting $14.21. The company’s stock had a trading volume of 4,667 shares, compared to its average volume of 20,531. Royce Global Value Trust, Inc. has a twelve month low of $12.01 and a twelve month high of $15.79. The stock has a fifty day moving average of $14.98 and a 200 day moving average of $14.48.

Hedge Funds Weigh In On Royce Global Value Trust

Several hedge funds have recently added to or reduced their stakes in the stock. Fifth Third Bancorp bought a new position in Royce Global Value Trust during the first quarter worth about $48,000. Susquehanna International Group LLP increased its stake in shares of Royce Global Value Trust by 9.8% in the 2nd quarter. Susquehanna International Group LLP now owns 17,218 shares of the company’s stock valued at $245,000 after acquiring an additional 1,536 shares during the last quarter. Beckerman Institutional LLC raised its position in shares of Royce Global Value Trust by 77.3% in the 1st quarter. Beckerman Institutional LLC now owns 22,853 shares of the company’s stock valued at $305,000 after acquiring an additional 9,962 shares during the period. Tidal Investments LLC boosted its stake in Royce Global Value Trust by 5.3% during the 2nd quarter. Tidal Investments LLC now owns 30,535 shares of the company’s stock worth $435,000 after acquiring an additional 1,539 shares during the last quarter. Finally, 1607 Capital Partners LLC bought a new position in Royce Global Value Trust during the 4th quarter worth approximately $1,279,000.

Royce Global Value Trust Company Profile

Royce Global Value Trust, Inc (NYSE:RGT) is a diversified, closed-end investment company that seeks long-term capital appreciation by investing in publicly traded companies around the world. The fund emphasizes value-oriented investing and typically focuses on small- and mid-capitalization businesses that its investment manager believes are undervalued relative to their underlying fundamentals.

RGT invests across multiple industries and geographic markets, including the United States and international developed and emerging markets.