Special Opp Fd (NYSE:SPE) Chairman Phillip Goldstein purchased 1,596 shares of the firm’s stock in a transaction on Thursday, August 3rd. The stock was bought at an average cost of $15.52 per share, for a total transaction of $24,769.92. Following the completion of the purchase, the chairman now directly owns 69,272 shares in the company, valued at $1,075,101.44. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Special Opp Fd (NYSE SPE) traded up 0.19% during trading on Friday, reaching $15.48. The company’s stock had a trading volume of 11,875 shares. Special Opp Fd has a 12-month low of $13.46 and a 12-month high of $15.62. The company has a 50 day moving average of $15.31 and a 200-day moving average of $14.79.
A hedge fund recently raised its stake in Special Opp Fd stock. Blue Bell Private Wealth Management LLC increased its position in shares of Special Opp Fd (NYSE:SPE) by 6.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 230,496 shares of the closed-end fund’s stock after buying an additional 13,590 shares during the period. Special Opp Fd makes up 1.7% of Blue Bell Private Wealth Management LLC’s investment portfolio, making the stock its 13th largest position. Blue Bell Private Wealth Management LLC’s holdings in Special Opp Fd were worth $3,504,000 at the end of the most recent quarter. 39.03% of the stock is currently owned by institutional investors and hedge funds.
About Special Opp Fd
Special Opportunities Fund, Inc (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to achieve total return. The Fund’s investment portfolio consists of investment companies, common stocks, commodity partnerships, preferred stocks, money market funds, corporate notes, liquidating trusts, corporate bonds, promissory notes, senior unsecured notes, warrants and rights.
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