Alpha Cubed Investments LLC Has $176,000 Stake in Gabelli Equity Trust, Inc. (The) (GAB)
Alpha Cubed Investments LLC maintained its stake in Gabelli Equity Trust, Inc. (The) (NYSE:GAB) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,536 shares of the financial services provider’s stock at the end of the second quarter. Alpha Cubed Investments LLC’s holdings in Gabelli Equity Trust, Inc. (The) were worth $176,000 as of its most recent SEC filing.
Separately, Kelman Lazarov Inc. acquired a new stake in Gabelli Equity Trust, Inc. (The) during the second quarter worth approximately $103,000. Institutional investors own 7.57% of the company’s stock.
Gabelli Equity Trust, Inc. (GAB) traded up 0.33% during mid-day trading on Friday, hitting $6.17. The company’s stock had a trading volume of 677,727 shares. The firm’s 50-day moving average is $6.24 and its 200-day moving average is $6.07. Gabelli Equity Trust, Inc. has a 12-month low of $5.13 and a 12-month high of $6.36.
Gabelli Equity Trust, Inc. (The) Company Profile
The Gabelli Equity Trust Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary objective is to achieve long term growth of capital with income as a secondary objective. The Fund will invest at least 80% of its assets in equity securities under normal market conditions.
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