Institutional Investor Sentiment About Blackrock Energy & Resources Trust (NYSE:BGR) Improved

Sentiment for Blackrock Energy & Resources Trust (NYSE:BGR)

Blackrock Energy & Resources Trust (NYSE:BGR) institutional sentiment increased to 1.09 in 2018 Q3. Its up 0.22, from 0.87 in 2018Q2. The ratio is positive, as 25 hedge funds increased and opened new positions, while 23 reduced and sold their stakes in Blackrock Energy & Resources Trust. The hedge funds in our partner’s database now hold: 5.79 million shares, up from 5.13 million shares in 2018Q2. Also, the number of hedge funds holding Blackrock Energy & Resources Trust in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 14 Increased: 14 New Position: 11.

BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. The company has market cap of $351.64 million. The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It has a 4.24 P/E ratio. It invests in public equity markets across the globe, with an emphasis on the United States.

The stock decreased 0.92% or $0.11 during the last trading session, reaching $11.79. About 128,647 shares traded. BlackRock Energy and Resources Trust (NYSE:BGR) has declined 12.76% since January 14, 2018 and is downtrending. It has underperformed by 12.76% the S&P500.

Punch & Associates Investment Management Inc. holds 0.59% of its portfolio in BlackRock Energy and Resources Trust for 510,719 shares. Northside Capital Management Llc owns 109,982 shares or 0.57% of their US portfolio. Moreover, Advisors Asset Management Inc. has 0.17% invested in the company for 713,512 shares. The North Carolina-based Altavista Wealth Management Inc. has invested 0.15% in the stock. Clenar Muke Llc, a California-based fund reported 169,330 shares.

More notable recent BlackRock Energy and Resources Trust (NYSE:BGR) news were published by: Seekingalpha.com which released: “Crude oil sinks as total U.S. stockpiles of oil and fuel hit seven-month high – Seeking Alpha” on August 08, 2018, also Seekingalpha.com with their article: “Natural gas suffers worst day in 15 years, day after biggest gain in 14 years – Seeking Alpha” published on November 15, 2018, Seekingalpha.com published: “Crude oil jumps on big drop in U.S. stockpiles, hurricane fears – Seeking Alpha” on September 12, 2018. More interesting news about BlackRock Energy and Resources Trust (NYSE:BGR) were released by: Seekingalpha.com and their article: “Fracking robots in the works at Halliburton – Seeking Alpha” published on August 22, 2018 as well as Seekingalpha.com‘s news article titled: “U.S. crude slides to five-week low; OPEC sees oil prices continuing lower – Seeking Alpha” with publication date: October 18, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.