NEOS MLP & Energy Infrastructure High Income ETF (BATS:MLPI) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

NEOS MLP & Energy Infrastructure High Income ETF (BATS:MLPI) shares passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $52.90 and traded as high as $53.38. NEOS MLP & Energy Infrastructure High Income ETF shares last traded at $52.98, with a volume of 246,230 shares trading hands.

NEOS MLP & Energy Infrastructure High Income ETF Price Performance

The stock’s 50 day simple moving average is $52.89 and its two-hundred day simple moving average is $54.54.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. NFSG Corp lifted its holdings in NEOS MLP & Energy Infrastructure High Income ETF by 93.9% during the 3rd quarter. NFSG Corp now owns 6,049 shares of the company’s stock worth $304,000 after buying an additional 2,929 shares in the last quarter. Adirondack Trust Co. acquired a new stake in shares of NEOS MLP & Energy Infrastructure High Income ETF in the 3rd quarter valued at $36,000. Farther Finance Advisors LLC increased its stake in shares of NEOS MLP & Energy Infrastructure High Income ETF by 49.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 34,386 shares of the company’s stock valued at $1,727,000 after buying an additional 11,401 shares during the period. Finally, Worth Asset Management LLC acquired a new stake in shares of NEOS MLP & Energy Infrastructure High Income ETF in the 2nd quarter valued at $218,000.