Aberdeen Emrg Mkts Smlr Co Oppts Fd Inc (NYSE:ETF), saw two high level insiders raise their profiles with the company through transactions filed today, July 29th. Directors Steven N. Rappaport and Alexander E. Zagoreos both bought 540.787 shares of common stock at an average price of $14.764 per share.
Following these transactions, Rappaport now holds 7,322.8955 shares directly while Zagoreos has 2,407.9818 shares directly invested in the company. A $142.37 million market cap company, Aberdeen Emrg Mkts Smlr Co Oppts Fd Inc (NYSE:ETF), is a non-diversified management investment company with the principal investment objective to seek long-term capital appreciation.
As the company itself acts as a trust, there are no current hedge fund holdings involved with the corporation at this time. Under normal market conditions, at least 80% of the Aberdeen Emrg Mkts Smlr Co Oppts Fd Inc (NYSE:ETF)’s net assets, plus any borrowings for investment purposes, are invested in equity and debt securities of emerging markets telecommunications companies and of infrastructure companies.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.