Wells Fargo & Company MN raised its position in shares of Mexico Fund, Inc. (NYSE:MXF) by 3.4% in the third quarter, HoldingsChannel.com reports. The firm owned 842,921 shares of the investment management company’s stock after buying an additional 27,609 shares during the quarter. Wells Fargo & Company MN owned approximately 0.06% of Mexico Fund worth $13,740,000 as of its most recent filing with the Securities & Exchange Commission.
Separately, City of London Investment Management Co. Ltd. grew its stake in shares of Mexico Fund by 25.2% during the 2nd quarter. City of London Investment Management Co. Ltd. now owns 2,767,315 shares of the investment management company’s stock valued at $41,911,000 after purchasing an additional 556,595 shares during the period. Hedge funds and other institutional investors own 35.19% of the company’s stock.
In other news, insider Alberto Osorio purchased 8,000 shares of the business’s stock in a transaction on Tuesday, October 30th. The stock was acquired at an average cost of $13.66 per share, for a total transaction of $109,280.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders have acquired 22,500 shares of company stock valued at $318,185. Corporate insiders own 2.04% of the company’s stock.
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About Mexico Fund
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