Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF – Get Free Report) passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $25.88 and traded as high as $25.89. Cohen & Steers Infrastructure Fund shares last traded at $25.8290, with a volume of 225,134 shares trading hands.
Cohen & Steers Infrastructure Fund Stock Performance
The stock’s 50 day moving average is $25.86 and its 200 day moving average is $26.67.
Institutional Investors Weigh In On Cohen & Steers Infrastructure Fund
Hedge funds and other institutional investors have recently modified their holdings of the stock. Matrix Private Capital Group LLC bought a new position in shares of Cohen & Steers Infrastructure Fund during the 1st quarter valued at $3,115,000. Ieq Capital LLC purchased a new stake in Cohen & Steers Infrastructure Fund during the second quarter valued at about $580,000. Royal Bank of Canada boosted its position in Cohen & Steers Infrastructure Fund by 3.5% during the first quarter. Royal Bank of Canada now owns 936,075 shares of the investment management company’s stock valued at $24,225,000 after buying an additional 32,064 shares during the period. World Investment Advisors grew its stake in shares of Cohen & Steers Infrastructure Fund by 595.3% during the first quarter. World Investment Advisors now owns 65,222 shares of the investment management company’s stock valued at $1,688,000 after buying an additional 55,842 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its stake in shares of Cohen & Steers Infrastructure Fund by 40.3% during the first quarter. Kestra Advisory Services LLC now owns 238,551 shares of the investment management company’s stock valued at $6,174,000 after buying an additional 68,542 shares during the last quarter.
Cohen & Steers Infrastructure Fund Company Profile
Cohen & Steers Infrastructure Fund, Inc is a closed-end investment fund listed on the New York Stock Exchange under the symbol UTF. The fund seeks to provide a combination of current income and capital appreciation by investing primarily in infrastructure-related securities.
The fund focuses on companies and issuers involved in essential infrastructure industries, including utilities, energy infrastructure, transportation, communications and related services. Its portfolio may include common stocks, preferred securities, bonds and other income-producing investments issued by infrastructure businesses in the United States and international markets.
Cohen & Steers Infrastructure Fund is managed by Cohen & Steers Capital Management, an investment manager specializing in real assets, including infrastructure, real estate and natural-resource companies.
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