Aberdeen Asset Management PLC UK purchased a new stake in shares of Mexico Fund, Inc. (The) (NYSE:MXF) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 342,595 shares of the investment management company’s stock, valued at approximately $5,927,000. Aberdeen Asset Management PLC UK owned 2.28% of Mexico Fund, Inc. (The) as of its most recent SEC filing.
Separately, Point View Wealth Management Inc. raised its holdings in Mexico Fund, Inc. (The) by 47.4% during the second quarter. Point View Wealth Management Inc. now owns 28,588 shares of the investment management company’s stock valued at $495,000 after acquiring an additional 9,189 shares during the period. 15.97% of the stock is owned by hedge funds and other institutional investors.
Shares of Mexico Fund, Inc. (NYSE:MXF) opened at 17.54 on Friday. Mexico Fund, Inc. has a 12-month low of $13.28 and a 12-month high of $18.24. The firm’s 50-day moving average price is $17.78 and its 200-day moving average price is $16.96.
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About Mexico Fund, Inc. (The)
The Mexico Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. It may invest in Mexican fixed-income securities and bank time deposits of Mexican banks, all of which are peso-denominated and may be dollar-linked.
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