ClearBridge Energy Midstream Opportunity Fund (NYSE:EMO) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $45.56 and traded as high as $51.14. ClearBridge Energy Midstream Opportunity Fund shares last traded at $50.85, with a volume of 36,341 shares.

ClearBridge Energy Midstream Opportunity Fund Trading Down 0.0%

The business’s fifty day moving average is $46.39 and its two-hundred day moving average is $45.56.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of EMO. Allworth Financial LP purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 2nd quarter worth $29,000. Motco purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the second quarter worth about $42,000. Thomas J. Herzfeld Advisors Inc. purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the fourth quarter worth about $45,000. First Community Trust NA bought a new position in ClearBridge Energy Midstream Opportunity Fund during the 4th quarter worth about $69,000. Finally, Kestra Advisory Services LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund during the 4th quarter valued at about $119,000.

ClearBridge Energy Midstream Opportunity Fund Company Profile

ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) is a closed-end management investment company that seeks to provide a combination of current distribution income and capital appreciation. The fund primarily targets equities and equity-related securities of companies in the energy midstream sector, including entities involved in the gathering, processing, transportation and storage of natural gas, crude oil and natural gas liquids.

EMO’s portfolio typically includes common stocks, convertible securities and interests in master limited partnerships (MLPs) and other energy infrastructure partnerships.