Raymond James & Associates reduced its holdings in MFS Multimarket Income Trust (NYSE:MMT – Free Report) by 13.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 44,360 shares of the closed-end fund’s stock after selling 7,187 shares during the quarter. Raymond James & Associates owned about 0.08% of MFS Multimarket Income Trust worth $189,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in the business. Rockefeller Capital Management L.P. grew its holdings in MFS Multimarket Income Trust by 287.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 11,278 shares of the closed-end fund’s stock worth $50,000 after purchasing an additional 8,364 shares during the period. Kestra Advisory Services LLC bought a new position in MFS Multimarket Income Trust in the second quarter worth approximately $52,000. KCM Investment Advisors LLC bought a new position in MFS Multimarket Income Trust in the first quarter worth approximately $53,000. Captrust Financial Advisors bought a new position in MFS Multimarket Income Trust in the second quarter worth approximately $54,000. Finally, Jane Street Group LLC bought a new position in MFS Multimarket Income Trust in the first quarter worth approximately $58,000. 17.87% of the stock is currently owned by institutional investors.
MFS Multimarket Income Trust Trading Up 0.4 %
Shares of NYSE:MMT opened at $4.66 on Thursday. The business’s 50 day simple moving average is $4.56 and its two-hundred day simple moving average is $4.42. MFS Multimarket Income Trust has a 52-week low of $4.04 and a 52-week high of $4.86.
MFS Multimarket Income Trust Announces Dividend
MFS Multimarket Income Trust Company Profile
MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc The fund invests in the fixed income markets across the globe with greater emphasis on United States. It seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed, and other asset-backed securities of U.S.
- Five stocks we like better than MFS Multimarket Income Trust
- What Are Utility Stocks? An Overview of the Utilities Sector
- What are specialty REITs? How to invest in them
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Miso Robotics stock: Is an IPO coming soon?
- How to Calculate Options Profits
- Insiders are selling these hot stocks on track for higher prices
Receive News & Ratings for MFS Multimarket Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFS Multimarket Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.