Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ - Get Free Report)'s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $19.52 and traded as high as $20.16. Tortoise Power and Energy Infrastructure Fund shares last traded at $20.12, with a volume of 12,797 shares traded.
Tortoise Power and Energy Infrastructure Fund Stock Performance
The business has a 50-day simple moving average of $19.61 and a two-hundred day simple moving average of $20.26.
Institutional Trading of Tortoise Power and Energy Infrastructure Fund
A number of hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. acquired a new stake in shares of Tortoise Power and Energy Infrastructure Fund in the 4th quarter valued at approximately $47,000. Private Trust Co. NA raised its stake in Tortoise Power and Energy Infrastructure Fund by 50.0% in the 1st quarter. Private Trust Co. NA now owns 3,000 shares of the investment management company's stock valued at $62,000 after purchasing an additional 1,000 shares during the last quarter. Blue Bell Private Wealth Management LLC increased its stake in shares of Tortoise Power and Energy Infrastructure Fund by 2,266.8% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 6,414 shares of the investment management company's stock valued at $129,000 after acquiring an additional 6,143 shares during the last quarter. Cerity Partners LLC acquired a new position in shares of Tortoise Power and Energy Infrastructure Fund during the 4th quarter valued at about $205,000. Finally, Beverly Hills Private Wealth LLC purchased a new stake in shares of Tortoise Power and Energy Infrastructure Fund during the 4th quarter worth about $207,000.
About Tortoise Power and Energy Infrastructure Fund
(
Get 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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