Ashton Thomas Private Wealth LLC lessened its holdings in shares of San Juan Basin Royalty Trust (NYSE:SJT - Free Report) by 8.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 639,243 shares of the oil and gas producer's stock after selling 62,190 shares during the quarter. Ashton Thomas Private Wealth LLC owned 1.37% of San Juan Basin Royalty Trust worth $3,535,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of SJT. Financial Gravity Asset Management Inc. acquired a new position in shares of San Juan Basin Royalty Trust in the 1st quarter worth approximately $35,000. Westfuller Advisors LLC bought a new stake in San Juan Basin Royalty Trust during the 1st quarter valued at $63,000. Morse Asset Management Inc bought a new stake in San Juan Basin Royalty Trust during the 4th quarter valued at $66,000. Fonville Wealth Management LLC bought a new stake in shares of San Juan Basin Royalty Trust in the 1st quarter worth $102,000. Finally, Welch Group LLC bought a new stake in shares of San Juan Basin Royalty Trust in the 1st quarter worth $121,000. Institutional investors and hedge funds own 10.42% of the company's stock.
San Juan Basin Royalty Trust Stock Down 0.1%
Shares of NYSE:SJT traded down $0.01 during mid-day trading on Friday, hitting $5.78. The stock had a trading volume of 70,878 shares, compared to its average volume of 191,259. San Juan Basin Royalty Trust has a 12-month low of $3.33 and a 12-month high of $7.22. The company's 50 day moving average is $5.86 and its 200-day moving average is $5.87.
San Juan Basin Royalty Trust Company Profile
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Free Report)
San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest in Southland's oil and natural gas interests in properties located in the San Juan Basin in northwestern New Mexico. It also owns subject interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net-producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico.
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