Alerian Energy Infrastructure ETF (NYSEARCA:ENFR) Trading Up 0.4% – Here’s What Happened

Alerian Energy Infrastructure ETF (NYSEARCA:ENFR) traded up 0.4% on Monday . The stock traded as high as $31.56 and last traded at $31.43. 37,739 shares traded hands during trading, a decline of 44% from the average session volume of 67,255 shares. The stock had previously closed at $31.31.

Alerian Energy Infrastructure ETF Trading Up 0.4%

The firm has a market cap of $319.96 million, a PE ratio of 18.78 and a beta of 0.81. The stock has a fifty day simple moving average of $30.96 and a two-hundred day simple moving average of $31.46.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Sunbelt Securities Inc. bought a new position in shares of Alerian Energy Infrastructure ETF in the third quarter worth $49,000. Gilliland Jeter Wealth Management LLC purchased a new position in shares of Alerian Energy Infrastructure ETF during the third quarter worth about $1,413,000. Bulwark Capital Corp bought a new position in shares of Alerian Energy Infrastructure ETF in the third quarter worth approximately $255,000. Ameriprise Financial Inc. raised its stake in Alerian Energy Infrastructure ETF by 34.6% in the second quarter. Ameriprise Financial Inc. now owns 162,798 shares of the company’s stock valued at $5,249,000 after purchasing an additional 41,808 shares in the last quarter. Finally, Ameriflex Group Inc. lifted its position in Alerian Energy Infrastructure ETF by 68.3% during the second quarter. Ameriflex Group Inc. now owns 7,038 shares of the company’s stock valued at $226,000 after purchasing an additional 2,857 shares during the last quarter.

About Alerian Energy Infrastructure ETF

The Alerian Energy Infrastructure ETF (ENFR) is an exchange-traded fund that is based on the Alerian Midstream Energy Select index. The fund tracks an index of energy infrastructure companies in the US and Canada, weighted by market capitalization. ENFR was launched on Nov 1, 2013 and is managed by Alerian.