Institutional Investors Are Dumping Nuveen New York Municipal Value Fund Inc (NYSE:NNY)

December 24, 2017 - By Kurt Siggers

 Institutional Investors Are Dumping Nuveen New York Municipal Value Fund Inc (NYSE:NNY)

Sentiment for Nuveen New York Municipal Value Fund Inc (NYSE:NNY)

Nuveen New York Municipal Value Fund Inc (NYSE:NNY) institutional sentiment decreased to 0.86 in 2017 Q3. Its down -0.54, from 1.4 in 2017Q2. The ratio turned negative, as 6 hedge funds increased and opened new equity positions, while 7 decreased and sold stock positions in Nuveen New York Municipal Value Fund Inc. The hedge funds in our partner’s database now own: 590,677 shares, down from 683,700 shares in 2017Q2. Also, the number of hedge funds holding Nuveen New York Municipal Value Fund Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 5 Increased: 5 New Position: 1.

The stock increased 0.42% or $0.04 during the last trading session, reaching $9.48. About 83,128 shares traded or 184.13% up from the average. Nuveen New York Municipal Value Fund, Inc. (NYSE:NNY) has declined 1.30% since December 24, 2016 and is downtrending. It has underperformed by 18.00% the S&P500.

Clear Harbor Asset Management Llc holds 0.03% of its portfolio in Nuveen New York Municipal Value Fund, Inc. for 14,350 shares. Next Financial Group Inc owns 2,400 shares or 0.01% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 16,950 shares. The Iowa-based Cambridge Investment Research Advisors Inc. has invested 0% in the stock. Citigroup Inc, a New York-based fund reported 6,701 shares.#img1#

Another recent and important Nuveen New York Municipal Value Fund, Inc. (NYSE:NNY) news was published by Businesswire.com which published an article titled: “Nuveen Closed-End Funds Declare Distributions” on October 02, 2017.

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