Madison Covered Call & Equity Strategy Fund (NYSE:MCN – Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.07 and traded as low as $6.65. Madison Covered Call & Equity Strategy Fund shares last traded at $6.67, with a volume of 32,893 shares.
Madison Covered Call & Equity Strategy Fund Price Performance
The stock’s fifty day simple moving average is $6.87 and its 200-day simple moving average is $7.07.
Hedge Funds Weigh In On Madison Covered Call & Equity Strategy Fund
Hedge funds have recently bought and sold shares of the company. Virtu Financial LLC acquired a new stake in Madison Covered Call & Equity Strategy Fund in the third quarter valued at $86,000. L.M. Kohn & Company boosted its position in shares of Madison Covered Call & Equity Strategy Fund by 29.7% in the 3rd quarter. L.M. Kohn & Company now owns 22,059 shares of the investment management company’s stock worth $157,000 after buying an additional 5,050 shares in the last quarter. International Assets Investment Management LLC grew its stake in Madison Covered Call & Equity Strategy Fund by 612.0% in the 3rd quarter. International Assets Investment Management LLC now owns 24,208 shares of the investment management company’s stock valued at $172,000 after acquiring an additional 20,808 shares during the last quarter. Jane Street Group LLC purchased a new position in Madison Covered Call & Equity Strategy Fund during the 3rd quarter valued at about $192,000. Finally, D.A. Davidson & CO. acquired a new position in Madison Covered Call & Equity Strategy Fund during the third quarter worth about $213,000.
Madison Covered Call & Equity Strategy Fund Company Profile
Madison Covered Call & Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.
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