Alerian Energy Infrastructure ETF (NYSEARCA:ENFR) Sees Strong Trading Volume – Here’s What Happened

Alerian Energy Infrastructure ETF (NYSEARCA:ENFRGet Free Report) shares saw an uptick in trading volume on Tuesday . Approximately 352,914 shares traded hands during mid-day trading, an increase of 311% from the previous session’s volume of 85,839 shares.The stock last traded at $39.22 and had previously closed at $39.25.

Alerian Energy Infrastructure ETF Stock Down 0.5%

The stock has a market cap of $513.69 million, a price-to-earnings ratio of 18.78 and a beta of 0.61. The stock’s fifty day moving average is $39.60 and its 200-day moving average is $38.57.

Institutional Trading of Alerian Energy Infrastructure ETF

An institutional investor recently bought a new position in Alerian Energy Infrastructure ETF stock. Bank of New York Mellon Corp purchased a new position in Alerian Energy Infrastructure ETF (NYSEARCA:ENFRFree Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,828 shares of the company’s stock, valued at approximately $528,000. Bank of New York Mellon Corp owned approximately 0.12% of Alerian Energy Infrastructure ETF at the end of the most recent reporting period.

Alerian Energy Infrastructure ETF Company Profile

(Get Free Report)

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.

Further Reading

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