1ST TR ENERGY I/SH (NYSE:FIF) Shares Pass Above 200-Day Moving Average of $15.75

1ST TR ENERGY I/SH (NYSE:FIF)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $15.75 and traded as high as $15.65. 1ST TR ENERGY I/SH shares last traded at $15.65, with a volume of 1,803 shares traded.

The stock has a 50 day moving average price of $15.96 and a 200-day moving average price of $15.75.

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 15th. Investors of record on Friday, August 2nd were issued a $0.11 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $1.32 annualized dividend and a dividend yield of 8.43%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC acquired a new stake in 1ST TR ENERGY I/SH in the second quarter valued at approximately $43,000. Kayne Anderson Capital Advisors LP acquired a new position in 1ST TR ENERGY I/SH during the first quarter worth $158,000. Element Pointe Advisors LLC boosted its stake in 1ST TR ENERGY I/SH by 102,685.7% during the second quarter. Element Pointe Advisors LLC now owns 14,390 shares of the investment management company’s stock worth $229,000 after buying an additional 14,376 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its stake in 1ST TR ENERGY I/SH by 8.4% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 23,762 shares of the investment management company’s stock worth $377,000 after buying an additional 1,846 shares during the last quarter. Finally, Millennium Management LLC acquired a new position in 1ST TR ENERGY I/SH during the fourth quarter worth $393,000.

About 1ST TR ENERGY I/SH (NYSE:FIF)

First Trust Energy Infrastructure Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Energy Income Partners LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the energy infrastructure sector, including pipeline companies, utilities, and other companies that derive at least 50% of their revenues from operating or providing services in support of infrastructure assets such as pipelines, power transmission, and petroleum and natural gas storage in the petroleum, natural gas, and power generation industries.

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