Kovitz Investment Group Partners LLC lowered its stake in shares of Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ - Free Report) by 23.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 538,039 shares of the investment management company's stock after selling 164,021 shares during the quarter. Kovitz Investment Group Partners LLC owned 6.86% of Tortoise Power and Energy Infrastructure Fund worth $11,111,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of TPZ. Almitas Capital LLC boosted its holdings in Tortoise Power and Energy Infrastructure Fund by 873.4% during the 4th quarter. Almitas Capital LLC now owns 576,065 shares of the investment management company's stock valued at $11,559,000 after acquiring an additional 516,883 shares during the period. Jane Street Group LLC purchased a new position in Tortoise Power and Energy Infrastructure Fund during the 4th quarter valued at $7,046,000. Bulldog Investors LLP boosted its holdings in Tortoise Power and Energy Infrastructure Fund by 111.6% during the 4th quarter. Bulldog Investors LLP now owns 582,674 shares of the investment management company's stock valued at $11,745,000 after acquiring an additional 307,283 shares during the period. CSS LLC IL boosted its holdings in Tortoise Power and Energy Infrastructure Fund by 970.0% during the 4th quarter. CSS LLC IL now owns 170,928 shares of the investment management company's stock valued at $3,430,000 after acquiring an additional 154,954 shares during the period. Finally, Bank of America Corp DE purchased a new position in Tortoise Power and Energy Infrastructure Fund during the 4th quarter valued at $1,855,000.
Tortoise Power and Energy Infrastructure Fund Price Performance
Shares of TPZ stock traded down $0.01 during mid-day trading on Thursday, hitting $20.63. The stock had a trading volume of 5,425 shares, compared to its average volume of 44,886. Tortoise Power and Energy Infrastructure Fund, Inc. has a 12-month low of $17.50 and a 12-month high of $22.30. The firm's 50-day moving average is $20.48 and its two-hundred day moving average is $20.21.
Tortoise Power and Energy Infrastructure Fund Company Profile
(
Free Report)
Tortoise Power and Energy Infrastructure Fund, Inc is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors, LLC. The fund invests in the fixed income and public equity markets of the United States. It invests in securities of companies operating in the power and energy infrastructure sectors.
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