Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $20.25 and traded as low as $20.02. Tortoise Power and Energy Infrastructure Fund shares last traded at $20.04, with a volume of 20,571 shares traded.
Tortoise Power and Energy Infrastructure Fund Stock Performance
The company's 50-day moving average price is $19.73 and its 200-day moving average price is $20.25.
Institutional Investors Weigh In On Tortoise Power and Energy Infrastructure Fund
Several hedge funds and other institutional investors have recently bought and sold shares of TPZ. JPMorgan Chase & Co. acquired a new stake in Tortoise Power and Energy Infrastructure Fund during the 4th quarter worth $47,000. Private Trust Co. NA raised its stake in Tortoise Power and Energy Infrastructure Fund by 50.0% during the 1st quarter. Private Trust Co. NA now owns 3,000 shares of the investment management company's stock worth $62,000 after acquiring an additional 1,000 shares in the last quarter. Blue Bell Private Wealth Management LLC raised its stake in 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 worth $129,000 after acquiring an additional 6,143 shares in the last quarter. Cerity Partners LLC acquired a new stake in Tortoise Power and Energy Infrastructure Fund during the 4th quarter worth $205,000. Finally, Beverly Hills Private Wealth LLC acquired a new stake in Tortoise Power and Energy Infrastructure Fund during the 4th quarter worth $207,000.
Tortoise Power and Energy Infrastructure Fund Company Profile
(
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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