ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO – Get Free Report)’s share price crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $52.69 and traded as low as $52.13. ClearBridge Energy Midstream Opportunity Fund shares last traded at $52.3790, with a volume of 31,703 shares.
ClearBridge Energy Midstream Opportunity Fund Price Performance
The business’s fifty day moving average price is $52.69 and its two-hundred day moving average price is $51.20.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Bank of America Corp DE purchased a new stake in ClearBridge Energy Midstream Opportunity Fund during the second quarter valued at approximately $9,772,000. Centaurus Financial Inc. acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the second quarter valued at approximately $472,000. Capstone Investment Advisors LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund in the second quarter worth $956,000. EP Wealth Advisors LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund in the second quarter worth $14,903,000. Finally, Sculptor Capital LP purchased a new position in ClearBridge Energy Midstream Opportunity Fund in the second quarter worth $1,378,000.
About ClearBridge Energy Midstream Opportunity Fund
ClearBridge Energy Midstream Opportunity Fund, Inc is a non-diversified, closed-end investment company listed on the New York Stock Exchange under the symbol EMO. The fund seeks to provide investors with current income and total return by investing primarily in companies involved in the energy midstream sector.
Its portfolio generally focuses on master limited partnerships, limited liability companies and corporations that own or operate energy infrastructure. These businesses may be involved in gathering, processing, transporting, storing and marketing crude oil, natural gas, natural gas liquids and other energy commodities.
Featured Stories
- Five stocks we like better than ClearBridge Energy Midstream Opportunity Fund
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Receive News & Ratings for ClearBridge Energy Midstream Opportunity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ClearBridge Energy Midstream Opportunity Fund and related companies with MarketBeat.com's FREE daily email newsletter.
