Macquarie/First Trust Global Infrstrctre (NYSE:MFD) was down 1% on Thursday . The stock traded as low as $10.37 and last traded at $10.37, approximately 3,218 shares were traded during mid-day trading. A decline of 87% from the average daily volume of 24,260 shares. The stock had previously closed at $10.48.
The business’s 50-day moving average price is $10.37.
An institutional investor recently raised its position in Macquarie/First Trust Global Infrstrctre stock. Old Port Advisors boosted its holdings in Macquarie/First Trust Global Infrstrctre (NYSE:MFD) by 5.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 287,481 shares of the financial services provider’s stock after purchasing an additional 13,841 shares during the quarter. Macquarie/First Trust Global Infrstrctre comprises 1.7% of Old Port Advisors’ portfolio, making the stock its 10th largest position. Old Port Advisors’ holdings in Macquarie/First Trust Global Infrstrctre were worth $3,157,000 as of its most recent SEC filing.
Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Macquarie Capital Investment Management, LLC and Four Corners Capital Management, LLC. The fund invests in public equity markets across the globe.
Recommended Story: Why is cost of goods sold important?
Receive News & Ratings for Macquarie/First Trust Global Infrstrctre Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Macquarie/First Trust Global Infrstrctre and related companies with MarketBeat.com's FREE daily email newsletter.