Alerian Energy Infrastructure ETF (NYSEARCA:ENFR) Stock Price Up 1.3% – Still a Buy?

Alerian Energy Infrastructure ETF (NYSEARCA:ENFR)’s share price rose 1.3% during trading on Thursday . The company traded as high as $31.24 and last traded at $31.14. Approximately 55,432 shares changed hands during mid-day trading, an increase of 122% from the average daily volume of 24,991 shares. The stock had previously closed at $30.74.

Alerian Energy Infrastructure ETF Stock Up 1.3 %

The stock has a market cap of $172.83 million, a P/E ratio of 18.17 and a beta of 0.50. The company has a 50-day simple moving average of $28.87 and a two-hundred day simple moving average of $27.25.

Alerian Energy Infrastructure ETF Company Profile

The Alerian Energy Infrastructure ETF (ENFR) is an exchange-traded fund that is based on the Alerian Midstream Energy Select index. The fund tracks an index of energy infrastructure companies in the US and Canada, weighted by market capitalization. ENFR was launched on Nov 1, 2013 and is managed by Alerian.