Cohen & Steers Closed-End Opportunity Fund (NYSE:FOF) Stock Passes Below 50 Day Moving Average – What’s Next?

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $12.86 and traded as low as $12.39. Cohen & Steers Closed-End Opportunity Fund shares last traded at $12.43, with a volume of 55,113 shares traded.

Cohen & Steers Closed-End Opportunity Fund Trading Down 0.1 %

The stock’s 50-day simple moving average is $12.86 and its two-hundred day simple moving average is $12.70.

Cohen & Steers Closed-End Opportunity Fund Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a dividend of $0.087 per share. This represents a yield of 8.25%. The ex-dividend date is Tuesday, January 14th.

Institutional Investors Weigh In On Cohen & Steers Closed-End Opportunity Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. GHP Investment Advisors Inc. acquired a new position in Cohen & Steers Closed-End Opportunity Fund during the third quarter worth $28,000. Future Financial Wealth Managment LLC bought a new stake in Cohen & Steers Closed-End Opportunity Fund during the third quarter worth about $78,000. Sargent Investment Group LLC acquired a new stake in shares of Cohen & Steers Closed-End Opportunity Fund during the fourth quarter worth approximately $140,000. Kapstone Financial Advisors LLC raised its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 17.2% in the third quarter. Kapstone Financial Advisors LLC now owns 13,650 shares of the company’s stock valued at $177,000 after acquiring an additional 2,000 shares during the last quarter. Finally, J.W. Cole Advisors Inc. bought a new stake in Cohen & Steers Closed-End Opportunity Fund during the 3rd quarter worth approximately $615,000.

Cohen & Steers Closed-End Opportunity Fund Company Profile

Cohen & Steers Closed-End Opportunity Fund, Inc is a close-ended fund of funds launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in funds investing in public equity markets. It also invests in funds investing in convertible securities, preferred securities, high yield securities and real estate, energy, utility, and other equity or income-oriented strategies.