USCF Midstream Energy Income Fund (NYSEARCA:UMI) Stock Price Down 1.2%

USCF Midstream Energy Income Fund (NYSEARCA:UMI)’s share price dropped 1.2% during trading on Monday . The company traded as low as $39.12 and last traded at $39.22. Approximately 13,574 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 16,437 shares. The stock had previously closed at $39.69.

USCF Midstream Energy Income Fund Stock Down 1.2 %

The stock has a fifty day moving average of $38.68 and a 200-day moving average of $36.99. The firm has a market capitalization of $237.27 million, a P/E ratio of 16.47 and a beta of 0.72.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Fairfield Bush & CO. acquired a new stake in shares of USCF Midstream Energy Income Fund during the 2nd quarter worth about $29,000. Avior Wealth Management LLC raised its holdings 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 valued at $38,000 after acquiring an additional 1,011 shares during the period. Mango Five Family Inc. acquired a new stake in USCF Midstream Energy Income Fund during the fourth quarter worth approximately $1,236,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of USCF Midstream Energy Income Fund during the first quarter worth approximately $1,434,000.

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.