Alerian Energy Infrastructure ETF (NYSEARCA:ENFR – Get Free Report) dropped 0.8% during trading on Tuesday . The stock traded as low as $38.10 and last traded at $38.10. 56,499 shares were traded during trading, a decline of 34% from the average session volume of 85,372 shares. The stock had previously closed at $38.41.
Alerian Energy Infrastructure ETF Price Performance
The firm has a market cap of $447.68 million, a P/E ratio of 18.78 and a beta of 0.60. The stock’s 50-day simple moving average is $38.35 and its two-hundred day simple moving average is $36.06.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the business. Sound Income Strategies LLC bought a new position in shares of Alerian Energy Infrastructure ETF during the fourth quarter valued at approximately $47,000. Sunbelt Securities Inc. purchased a new stake in Alerian Energy Infrastructure ETF in the third quarter worth $49,000. NewEdge Advisors LLC boosted its stake in shares of Alerian Energy Infrastructure ETF by 10.6% during the fourth quarter. NewEdge Advisors LLC now owns 28,577 shares of the company’s stock valued at $899,000 after purchasing an additional 2,742 shares during the period. Bulwark Capital Corp grew its holdings in shares of Alerian Energy Infrastructure ETF by 110.8% in the fourth quarter. Bulwark Capital Corp now owns 16,564 shares of the company’s stock worth $521,000 after purchasing an additional 8,708 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of Alerian Energy Infrastructure ETF in the first quarter worth about $528,000.
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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