Alerian Energy Infrastructure ETF (NYSEARCA:ENFR) Shares Down 0.7% – Should You Sell?

Alerian Energy Infrastructure ETF (NYSEARCA:ENFR)’s stock price was down 0.7% on Monday . The stock traded as low as $31.49 and last traded at $31.71. Approximately 176,368 shares traded hands during trading, an increase of 77% from the average daily volume of 99,776 shares. The stock had previously closed at $31.92.

Alerian Energy Infrastructure ETF Stock Down 0.7 %

The company has a 50 day moving average price of $32.10 and a 200-day moving average price of $30.40. The company has a market cap of $175.99 million, a price-to-earnings ratio of 18.17 and a beta of 0.50.

Alerian Energy Infrastructure ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Wednesday, February 12th were paid a dividend of $0.3557 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This is an increase from Alerian Energy Infrastructure ETF’s previous dividend of $0.34.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameriflex Group Inc. bought a new stake in shares of Alerian Energy Infrastructure ETF in the 4th quarter valued at $61,000. Fifth Third Securities Inc. acquired a new stake in Alerian Energy Infrastructure ETF during the 4th quarter worth about $215,000. 10Elms LLP acquired a new stake in Alerian Energy Infrastructure ETF during the 4th quarter worth about $221,000. Pointe Capital Management LLC bought a new position in shares of Alerian Energy Infrastructure ETF in the 4th quarter worth about $247,000. Finally, Ameriprise Financial Inc. lifted its stake in shares of Alerian Energy Infrastructure ETF by 34.6% in the 4th quarter. Ameriprise Financial Inc. now owns 27,850 shares of the company’s stock valued at $868,000 after purchasing an additional 7,156 shares during the period.

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.