USCF Midstream Energy Income Fund (NYSEARCA:UMI) Shares Down 0.4%

USCF Midstream Energy Income Fund (NYSEARCA:UMI) shares dropped 0.4% on Thursday . The company traded as low as $35.19 and last traded at $35.19. Approximately 4,843 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 13,058 shares. The stock had previously closed at $35.33.

USCF Midstream Energy Income Fund Price Performance

The stock has a market capitalization of $212.90 million, a PE ratio of 16.47 and a beta of 0.72. The stock’s 50 day simple moving average is $35.38 and its two-hundred day simple moving average is $34.54.

Institutional Trading of USCF Midstream Energy Income Fund

A number of institutional investors have recently modified their holdings of UMI. US Bancorp DE purchased a new stake in USCF Midstream Energy Income Fund in the 1st quarter worth approximately $26,000. Flow Traders U.S. LLC purchased a new stake in USCF Midstream Energy Income Fund in the 1st quarter worth approximately $1,434,000. Fairfield Bush & CO. purchased a new stake in USCF Midstream Energy Income Fund in the 2nd quarter worth approximately $29,000. Finally, Avior Wealth Management LLC lifted its stake in USCF Midstream Energy Income Fund by 1,348.0% in the 3rd quarter. Avior Wealth Management LLC now owns 1,086 shares of the company’s stock worth $38,000 after purchasing an additional 1,011 shares in the last quarter.

USCF Midstream Energy Income Fund Company Profile

The USCF Midstream Energy Income Fund (UMI) is an exchange-traded fund that mostly invests in energy equity. The fund holds an actively-managed portfolio of midstream energy infrastructure companies. The fund is income-focused and uses a fundamental approach that integrates ESG research. UMI was launched on Mar 24, 2021 and is managed by USCF Advisers.