Cornerstone Strategic Value Fund (NYSEAMERICAN:CLM) Stock Price Crosses Above 200 Day Moving Average of $0.00

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Cornerstone Strategic Value Fund Inc. (NYSEAMERICAN:CLM)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $11.14. Cornerstone Strategic Value Fund shares last traded at $11.08, with a volume of 23,145 shares trading hands.

Large investors have recently added to or reduced their stakes in the company. Rivernorth Capital Management LLC grew its position in Cornerstone Strategic Value Fund by 37.1% in the 2nd quarter. Rivernorth Capital Management LLC now owns 1,229,863 shares of the investment management company’s stock valued at $14,316,000 after purchasing an additional 333,116 shares during the period. Centaurus Financial Inc. grew its position in Cornerstone Strategic Value Fund by 10,405.6% in the 2nd quarter. Centaurus Financial Inc. now owns 310,229 shares of the investment management company’s stock valued at $3,611,000 after purchasing an additional 307,276 shares during the period. Millennium Management LLC grew its position in Cornerstone Strategic Value Fund by 263.6% in the 3rd quarter. Millennium Management LLC now owns 41,708 shares of the investment management company’s stock valued at $473,000 after purchasing an additional 67,208 shares during the period. Susquehanna International Group LLP acquired a new stake in Cornerstone Strategic Value Fund in the 2nd quarter valued at $476,000. Finally, Private Advisor Group LLC grew its position in Cornerstone Strategic Value Fund by 152.2% in the 2nd quarter. Private Advisor Group LLC now owns 64,460 shares of the investment management company’s stock valued at $750,000 after purchasing an additional 38,904 shares during the period.

Cornerstone Strategic Value Fund Company Profile (NYSEAMERICAN:CLM)

Cornerstone Strategic Value Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value and growth stocks of companies.

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