Cohen & Steers Quality Income Realty Fund (NYSE:RQI) Share Price Breaks Above Fifty Day Moving Average – Here’s Why

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI – Get Free Report) shares crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $11.50 and traded as high as $11.73. Cohen & Steers Quality Income Realty Fund shares last traded at $11.6950, with a volume of 620,239 shares traded.

Cohen & Steers Quality Income Realty Fund Stock Up 2.1%

The firm’s fifty day simple moving average is $11.50 and its two-hundred day simple moving average is $12.38.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in RQI. Gables Capital Management Inc. purchased a new stake in Cohen & Steers Quality Income Realty Fund during the second quarter worth approximately $32,000. Eastern Bank increased its stake in Cohen & Steers Quality Income Realty Fund by 33.3% in the third quarter. Eastern Bank now owns 5,333 shares of the real estate investment trust’s stock valued at $58,000 after purchasing an additional 1,333 shares during the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in Cohen & Steers Quality Income Realty Fund during the first quarter worth approximately $107,000. Allied Private Wealth LLC acquired a new stake in Cohen & Steers Quality Income Realty Fund during the second quarter worth approximately $107,000. Finally, Choreo LLC purchased a new stake in shares of Cohen & Steers Quality Income Realty Fund during the 3rd quarter worth approximately $110,000.

About Cohen & Steers Quality Income Realty Fund

(Get Free Report)

Cohen & Steers Quality Income Realty Fund, Inc is a publicly traded closed-end investment company managed by Cohen & Steers Capital Management. The fund seeks to provide a high level of current income and long-term capital appreciation by investing primarily in real estate-related securities.

RQI’s portfolio may include common and preferred stocks of real estate investment trusts (REITs), real estate operating companies, and other companies involved in the ownership, development, management, or financing of real estate.

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