Alerian Energy Infrastructure ETF (NYSEARCA:ENFR) Shares Up 0.8% – Here’s What Happened

Alerian Energy Infrastructure ETF (NYSEARCA:ENFR)’s stock price was up 0.8% on Tuesday . The stock traded as high as $40.32 and last traded at $40.25. 67,468 shares changed hands during trading, a decline of 22% from the average session volume of 86,460 shares. The stock had previously closed at $39.92.

Alerian Energy Infrastructure ETF Trading Down 1.0%

The firm has a market capitalization of $522.19 million, a price-to-earnings ratio of 18.78 and a beta of 0.61. The firm’s 50-day moving average is $39.51 and its 200 day moving average is $38.50.

Institutional Trading of Alerian Energy Infrastructure ETF

Large investors have recently bought and sold shares of the business. Bank of New York Mellon Corp bought a new position in shares of Alerian Energy Infrastructure ETF in the 1st quarter worth about $528,000. NewEdge Advisors LLC boosted its position in shares of Alerian Energy Infrastructure ETF by 10.6% during the 4th 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 in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Alerian Energy Infrastructure ETF by 34.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 162,798 shares of the company’s stock valued at $5,249,000 after purchasing an additional 41,808 shares in the last quarter. Finally, Sunbelt Securities Inc. acquired a new stake in Alerian Energy Infrastructure ETF during the third quarter worth approximately $49,000.

Alerian Energy Infrastructure ETF Company Profile

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.