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2023-03-10 15:48
Evolve Transition Infrastructure LP (NYSEAMERICAN:SNMP – Get Rating) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $0.24. Evolve Transition Infrastructure shares last traded at $0.22, with a volume of 42,510 shares changing hands.
Several hedge funds have recently modified their holdings of the business. UBS Group AG lifted its holdings in shares of Evolve Transition Infrastructure by 2,427.1% during the second quarter. UBS Group AG now owns 76,899 shares of the basic materials company's stock valued at $32,000 after acquiring an additional 73,856 shares during the period. Virtu Financial LLC increased its position in Evolve Transition Infrastructure by 469.8% in the first quarter. Virtu Financial LLC now owns 69,791 shares of the basic materials company's stock worth $36,000 after purchasing an additional 57,542 shares during the period. Goldman Sachs Group Inc. acquired a new stake in Evolve Transition Infrastructure in the first quarter worth about $39,000. Jane Street Group LLC bought a new position in Evolve Transition Infrastructure during the third quarter worth about $40,000. Finally, Blackstone Inc. boosted its holdings in Evolve Transition Infrastructure by 220.6% during the first quarter. Blackstone Inc. now owns 228,137 shares of the basic materials company's stock worth $119,000 after buying an additional 156,976 shares during the last quarter. 1.82% of the stock is owned by institutional investors.
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Evolve Transition Infrastructure LP engages in the acquisition, development, and production of oil and natural gas properties and related assets. The firm operates through the following segments: Midstream and Production. The Midstream segment operates the gathering, processing, and transportation of natural gas.
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