Pointe Capital Management LLC Invests $247,000 in Alerian Energy Infrastructure ETF (NYSEARCA:ENFR)

Pointe Capital Management LLC acquired a new stake in Alerian Energy Infrastructure ETF (NYSEARCA:ENFR) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 7,932 shares of the company’s stock, valued at approximately $247,000. Pointe Capital Management LLC owned approximately 0.14% of Alerian Energy Infrastructure ETF as of its most recent filing with the SEC.

Separately, Fifth Third Securities Inc. acquired a new position in Alerian Energy Infrastructure ETF during the fourth quarter valued at approximately $215,000.

Alerian Energy Infrastructure ETF Stock Down 0.8 %

NYSEARCA:ENFR opened at $31.45 on Wednesday. The company’s 50 day moving average is $32.13 and its 200-day moving average is $30.47. Alerian Energy Infrastructure ETF has a 12 month low of $23.55 and a 12 month high of $34.28. The firm has a market cap of $174.55 million, a price-to-earnings ratio of 18.17 and a beta of 0.50.

Alerian Energy Infrastructure ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Wednesday, February 12th were given a dividend of $0.3557 per share. This is a positive change from Alerian Energy Infrastructure ETF’s previous dividend of $0.34. The ex-dividend date of this dividend was Wednesday, February 12th.

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.