Shares of Alerian Energy Infrastructure ETF (NYSEARCA:ENFR – Get Free Report) were up 0.8% during mid-day trading on Tuesday . The stock traded as high as $40.32 and last traded at $40.25. 67,468 shares traded hands during trading, a decline of 22% from the average daily volume of 86,460 shares. The stock had previously closed at $39.92.
Alerian Energy Infrastructure ETF Trading Up 0.8%
The business’s fifty day moving average is $39.46 and its 200 day moving average is $38.47. The company has a market cap of $529.29 million, a P/E ratio of 18.78 and a beta of 0.61.
Institutional Trading of Alerian Energy Infrastructure ETF
Hedge funds have recently made changes to their positions in the company. Sunbelt Securities Inc. purchased a new position in shares of Alerian Energy Infrastructure ETF during the 3rd quarter valued at $49,000. NewEdge Advisors LLC increased its holdings in Alerian Energy Infrastructure ETF by 10.6% in the 4th quarter. NewEdge Advisors LLC now owns 28,577 shares of the company’s stock worth $899,000 after acquiring an additional 2,742 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in Alerian Energy Infrastructure ETF in the 1st quarter valued at about $528,000. Finally, Ameriprise Financial Inc. raised its stake in Alerian Energy Infrastructure ETF by 34.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 162,798 shares of the company’s stock valued at $5,249,000 after acquiring an additional 41,808 shares during the period.
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.
See Also
- Five stocks we like better than Alerian Energy Infrastructure ETF
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Receive News & Ratings for Alerian Energy Infrastructure ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alerian Energy Infrastructure ETF and related companies with MarketBeat.com's FREE daily email newsletter.
