ClearBridge Energy Midstream Opportunity Fund (NYSE:EMO) Stock Price Passes Above 200 Day Moving Average of $35.67

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $35.67 and traded as high as $41.52. ClearBridge Energy Midstream Opportunity Fund shares last traded at $41.37, with a volume of 16,611 shares traded.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

The business has a 50 day moving average of $39.35 and a two-hundred day moving average of $35.70.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raymond James & Associates raised its stake in ClearBridge Energy Midstream Opportunity Fund by 3.9% in the fourth quarter. Raymond James & Associates now owns 13,154 shares of the investment management company’s stock valued at $459,000 after buying an additional 491 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in ClearBridge Energy Midstream Opportunity Fund by 47.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 13,090 shares of the investment management company’s stock valued at $532,000 after buying an additional 4,190 shares during the last quarter. Pasadena Private Wealth LLC purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the first quarter valued at about $223,000. Chicago Partners Investment Group LLC purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at about $203,000. Finally, Virtu Financial LLC purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at about $206,000.

ClearBridge Energy Midstream Opportunity Fund Company Profile

ClearBridge Energy MLP Opportunity Fund Inc is a closed ended equity mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by ClearBridge Investments, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector.