Tortoise Midstream Energy Fund (NYSE:NTG) Shares Pass Above 200-Day Moving Average of $35.66

Tortoise Midstream Energy Fund, Inc. (NYSE:NTG)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $35.66 and traded as high as $39.24. Tortoise Midstream Energy Fund shares last traded at $39.09, with a volume of 13,323 shares.

Tortoise Midstream Energy Fund Stock Up 0.1 %

The stock has a 50 day simple moving average of $37.81 and a 200-day simple moving average of $35.66.

Hedge Funds Weigh In On Tortoise Midstream Energy Fund

Several institutional investors have recently bought and sold shares of NTG. Principal Securities Inc. bought a new position in shares of Tortoise Midstream Energy Fund during the 4th quarter valued at about $32,000. Blue Bell Private Wealth Management LLC bought a new position in Tortoise Midstream Energy Fund during the fourth quarter valued at approximately $45,000. Everett Harris & Co. CA purchased a new position in Tortoise Midstream Energy Fund during the 1st quarter valued at approximately $203,000. Matisse Capital bought a new stake in Tortoise Midstream Energy Fund in the 1st quarter worth approximately $238,000. Finally, Asset Allocation Strategies LLC purchased a new stake in shares of Tortoise Midstream Energy Fund during the 3rd quarter worth approximately $218,000.

About Tortoise Midstream Energy Fund

Tortoise MLP Fund, Inc is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors LLC It invests in public equity markets. The fund primarily invests in equity securities of MLPs and their affiliates, with an emphasis on natural gas infrastructure Master Limited Partnerships.