Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ - Get Free Report)'s share price passed 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 changing hands.
Tortoise Power and Energy Infrastructure Fund Trading Up 0.3%
The business's fifty day moving average price is $19.79 and its 200-day moving average price is $20.24.
Hedge Funds Weigh In On Tortoise Power and Energy Infrastructure Fund
Hedge funds and other institutional investors have recently modified their holdings of the company. Advisors Asset Management Inc. raised its position in Tortoise Power and Energy Infrastructure Fund by 0.6% in the 1st quarter. Advisors Asset Management Inc. now owns 122,686 shares of the investment management company's stock worth $2,533,000 after purchasing an additional 731 shares during the period. Cetera Investment Advisers increased its holdings in shares of Tortoise Power and Energy Infrastructure Fund by 6.6% in the fourth quarter. Cetera Investment Advisers now owns 16,204 shares of the investment management company's stock worth $325,000 after buying an additional 1,000 shares during the period. Private Trust Co. NA lifted its stake in shares of 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 acquiring an additional 1,000 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in shares of Tortoise Power and Energy Infrastructure Fund in the 4th quarter valued at about $47,000. Finally, Blue Bell Private Wealth Management LLC boosted its holdings 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 valued at $129,000 after acquiring an additional 6,143 shares during the period.
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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