Ancora Advisors LLC Invests $1.38 Million in RLJ Entertainment Inc (RLJE)

Ancora Advisors LLC purchased a new stake in shares of RLJ Entertainment Inc (NASDAQ:RLJE) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 222,298 shares of the company’s stock, valued at approximately $1,378,000.

Several other institutional investors and hedge funds also recently made changes to their positions in RLJE. Kassirer Asset Management Corp acquired a new position in shares of RLJ Entertainment in the third quarter valued at approximately $155,000. S. Muoio & CO. LLC acquired a new position in shares of RLJ Entertainment in the third quarter valued at approximately $598,000. Gabelli Funds LLC grew its holdings in shares of RLJ Entertainment by 26.8% in the third quarter. Gabelli Funds LLC now owns 158,532 shares of the company’s stock valued at $983,000 after purchasing an additional 33,476 shares in the last quarter. Gamco Investors INC. ET AL grew its holdings in shares of RLJ Entertainment by 6.4% in the third quarter. Gamco Investors INC. ET AL now owns 199,228 shares of the company’s stock valued at $1,235,000 after purchasing an additional 12,000 shares in the last quarter. Finally, Teton Advisors Inc. grew its holdings in shares of RLJ Entertainment by 2.5% in the third quarter. Teton Advisors Inc. now owns 415,000 shares of the company’s stock valued at $2,573,000 after purchasing an additional 10,000 shares in the last quarter. Institutional investors and hedge funds own 6.69% of the company’s stock.

Shares of RLJE stock opened at $6.25 on Monday. RLJ Entertainment Inc has a fifty-two week low of $3.13 and a fifty-two week high of $6.34.

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About RLJ Entertainment

RLJ Entertainment, Inc, a digital channel company, controls, co-produces, and owns a library of content in British mysteries and dramas, independent feature films, and urban content in the United States, the United Kingdom, and internationally. It operates through three segments: Digital Channels, IP Licensing, and Wholesale Distribution.

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Institutional Ownership by Quarter for RLJ Entertainment (NASDAQ:RLJE)

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