NEOS MLP & Energy Infrastructure High Income ETF (BATS:MLPI) Stock Breaks Above Fifty Day Moving Average – Here’s Why

NEOS MLP & Energy Infrastructure High Income ETF (BATS:MLPI)’s share price crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $52.90 and traded as high as $53.38. NEOS MLP & Energy Infrastructure High Income ETF shares last traded at $52.98, with a volume of 246,230 shares changing hands.

NEOS MLP & Energy Infrastructure High Income ETF Stock Up 0.3%

The company has a 50 day moving average of $52.90 and a 200 day moving average of $54.50.

Institutional Trading of NEOS MLP & Energy Infrastructure High Income ETF

Institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC grew its position in NEOS MLP & Energy Infrastructure High Income ETF by 49.6% in the third quarter. Farther Finance Advisors LLC now owns 34,386 shares of the company’s stock worth $1,727,000 after acquiring an additional 11,401 shares in the last quarter. Worth Asset Management LLC bought a new position in shares of NEOS MLP & Energy Infrastructure High Income ETF during the 2nd quarter valued at $218,000. NFSG Corp raised its holdings in shares of NEOS MLP & Energy Infrastructure High Income ETF by 93.9% during the 3rd quarter. NFSG Corp now owns 6,049 shares of the company’s stock valued at $304,000 after purchasing an additional 2,929 shares in the last quarter. Finally, Adirondack Trust Co. acquired a new stake in shares of NEOS MLP & Energy Infrastructure High Income ETF in the 3rd quarter valued at $36,000.