Alerian Energy Infrastructure ETF (NYSEARCA:ENFR – Get Free Report)’s stock price traded down 0.4% during mid-day trading on Tuesday . The stock traded as low as $37.88 and last traded at $38.13. 80,695 shares traded hands during trading, a decline of 9% from the average session volume of 89,102 shares. The stock had previously closed at $38.29.
Alerian Energy Infrastructure ETF Stock Performance
The stock’s 50 day simple moving average is $38.15 and its 200 day simple moving average is $35.34. The firm has a market cap of $448.03 million, a PE ratio of 18.78 and a beta of 0.60.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp purchased a new position in Alerian Energy Infrastructure ETF in the first quarter worth $528,000. NewEdge Advisors LLC grew its position in Alerian Energy Infrastructure ETF by 10.6% in the fourth quarter. NewEdge Advisors LLC now owns 28,577 shares of the company’s stock worth $899,000 after acquiring an additional 2,742 shares in the last quarter. Sound Income Strategies LLC bought a new stake in Alerian Energy Infrastructure ETF during the fourth quarter worth about $47,000. Bulwark Capital Corp boosted its holdings in shares of Alerian Energy Infrastructure ETF by 110.8% in the 4th quarter. Bulwark Capital Corp now owns 16,564 shares of the company’s stock worth $521,000 after purchasing an additional 8,708 shares in the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in shares of Alerian Energy Infrastructure ETF in the 3rd quarter worth about $49,000.
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.
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