InfraCap MLP ETF (NYSEARCA:AMZA) Shares Up 0.8%

InfraCap MLP ETF (NYSEARCA:AMZA)’s stock price traded up 0.8% during mid-day trading on Wednesday . The company traded as high as $4.02 and last traded at $4.01, 791,292 shares traded hands during mid-day trading. A decline of 3% from the average session volume of 817,968 shares. The stock had previously closed at $3.98.

The company has a 50 day moving average of $4.38 and a 200 day moving average of $5.02.

An institutional investor recently raised its position in InfraCap MLP ETF stock. McGowan Group Asset Management Inc. increased its stake in shares of InfraCap MLP ETF (NYSEARCA:AMZA) by 2.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,977,531 shares of the company’s stock after acquiring an additional 80,374 shares during the quarter. InfraCap MLP ETF comprises approximately 3.5% of McGowan Group Asset Management Inc.’s portfolio, making the stock its 10th largest holding. McGowan Group Asset Management Inc. owned about 5.15% of InfraCap MLP ETF worth $22,155,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About InfraCap MLP ETF (NYSEARCA:AMZA)

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.

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