Gabelli Multimedia Trust Inc (NYSE:GGT) Institutional Investor Sentiment Analysis

September 14, 2018 - By Mike Johnson

Sentiment for Gabelli Multimedia Trust Inc (NYSE:GGT)

Gabelli Multimedia Trust Inc (NYSE:GGT) institutional sentiment decreased to 1.09 in Q2 2018. Its down -0.09, from 1.18 in 2018Q1. The ratio is negative, as 12 investment professionals increased or started new equity positions, while 11 sold and reduced their stakes in Gabelli Multimedia Trust Inc. The investment professionals in our partner’s database reported: 2.31 million shares, up from 2.29 million shares in 2018Q1. Also, the number of investment professionals holding Gabelli Multimedia Trust Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 9 Increased: 7 New Position: 5.

The Gabelli Multimedia Trust Inc. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The company has market cap of $219.58 million. It is managed by Gabelli Funds LLC. It has a 12.01 P/E ratio. The fund invests in the public equity markets across the globe.

The stock increased 0.11% or $0.01 during the last trading session, reaching $9.02. About 14,823 shares traded. The Gabelli Multimedia Trust Inc. (NYSE:GGT) has declined 2.73% since September 14, 2017 and is downtrending. It has underperformed by 18.35% the S&P500.

Wall Street Access Asset Management Llc holds 0.25% of its portfolio in The Gabelli Multimedia Trust Inc. for 18,591 shares. Gabelli & Co Investment Advisers Inc. owns 105,154 shares or 0.12% of their US portfolio. Moreover, M Holdings Securities Inc. has 0.12% invested in the company for 46,708 shares. The Colorado-based Institute For Wealth Management Llc. has invested 0.08% in the stock. Gamco Investors Inc. Et Al, a New York-based fund reported 741,945 shares.

Since January 1, 0001, it had 0 buys, and 2 sales for $23,662 activity.

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