SeaCrest Wealth Management LLC cut its holdings in shares of RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Free Report) by 5.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 20,753 shares of the company’s stock after selling 1,222 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in RiverNorth Opportunities Fund were worth $254,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently made changes to their positions in RIV. Principal Securities Inc. bought a new position in shares of RiverNorth Opportunities Fund in the fourth quarter worth approximately $1,264,000. Quarry LP bought a new position in shares of RiverNorth Opportunities Fund in the fourth quarter worth approximately $645,000. BlackDiamond Wealth Management LLC bought a new position in shares of RiverNorth Opportunities Fund in the fourth quarter worth approximately $337,000. Raymond James Financial Services Advisors Inc. bought a new position in shares of RiverNorth Opportunities Fund in the fourth quarter worth approximately $272,000. Finally, Wolverine Asset Management LLC bought a new stake in RiverNorth Opportunities Fund in the fourth quarter valued at $270,000.
RiverNorth Opportunities Fund Stock Performance
NYSE:RIV traded up $0.02 during trading hours on Tuesday, hitting $12.17. The company had a trading volume of 63,500 shares, compared to its average volume of 85,144. The stock has a 50-day moving average price of $12.23 and a 200 day moving average price of $12.00. RiverNorth Opportunities Fund, Inc. has a 52 week low of $9.63 and a 52 week high of $12.53.
RiverNorth Opportunities Fund Dividend Announcement
RiverNorth Opportunities Fund Company Profile
RiverNorth Opportunities Fund, Inc is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc was formed on December 24, 2015 and is domiciled in the United States.
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Want to see what other hedge funds are holding RIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Free Report).
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