InfraCap MLP ETF (NYSEARCA:AMZA) Stock Price Down 0.3% – Time to Sell?

InfraCap MLP ETF (NYSEARCA:AMZA)’s stock price traded down 0.3% during mid-day trading on Monday . The stock traded as low as $46.91 and last traded at $47.51. 27,075 shares changed hands during trading, a decline of 26% from the average session volume of 36,617 shares. The stock had previously closed at $47.64.

InfraCap MLP ETF Stock Performance

The company’s 50-day moving average price is $47.35 and its 200 day moving average price is $44.31. The stock has a market capitalization of $453.25 million, a P/E ratio of 14.07 and a beta of 1.89.

Institutional Investors Weigh In On InfraCap MLP ETF

Several large investors have recently bought and sold shares of the business. Ameriflex Group Inc. purchased a new stake in shares of InfraCap MLP ETF in the fourth quarter valued at $586,000. Fifth Third Securities Inc. bought a new position in InfraCap MLP ETF during the 4th quarter valued at about $328,000. Finally, OLD Mission Capital LLC purchased a new stake in InfraCap MLP ETF in the 4th quarter worth about $208,000.

About InfraCap MLP ETF

Infrastructure Capital Advisors, LLC is an SEC-registered investment advisor that manages an actively managed ETF and a series of private investment partnerships. The firm was formed in 2012 and is based in New York City.