Liberty All-Star Equity Fund (NYSE:USA) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of Liberty All-Star Equity Fund (NYSE:USA) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $6.86 and traded as high as $7.26. Liberty All-Star Equity Fund shares last traded at $7.24, with a volume of 475,795 shares trading hands.

Liberty All-Star Equity Fund Price Performance

The company has a 50-day moving average of $7.01 and a 200 day moving average of $6.86.

Institutional Investors Weigh In On Liberty All-Star Equity Fund

Several large investors have recently added to or reduced their stakes in the stock. Larson Financial Group LLC acquired a new stake in shares of Liberty All-Star Equity Fund in the 2nd quarter worth $29,000. EverSource Wealth Advisors LLC purchased a new stake in Liberty All-Star Equity Fund during the second quarter worth $61,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Liberty All-Star Equity Fund during the 2nd quarter valued at about $64,000. Concorde Asset Management LLC purchased a new stake in shares of Liberty All-Star Equity Fund in the second quarter valued at approximately $74,000. Finally, InterOcean Capital Group LLC acquired a new stake in shares of Liberty All-Star Equity Fund in the first quarter valued at about $84,000. 9.95% of the stock is owned by hedge funds and other institutional investors.

About Liberty All-Star Equity Fund

Liberty All Star Equity Fund is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc The fund is co-managed by Aristotle Capital Management, LLC, Pzena Investment Management, LLC, Delaware Investments Fund Advisers, Sustainable Growth Advisers, LP, and TCW Investment Management Company.