AMZA Stock Summary and Trading Ideas (Infracap MLP ETF | ARCA:AMZA)

The Fund seeks to provide a high level of current income, a growing income stream, and long-term capital appreciation. The fund is an actively-managed portfolio of high-quality, midstream energy master limited partnerships (MLPs) and related general partners, utilizing options strategies and modest leverage.

Infracap MLP ETF trades on the ARCA stock market under the symbol AMZA.

As of April 23, 2024, AMZA stock price climbed to $40.57 with 19,126 million shares trading.

AMZA has a beta of 0.59, meaning it tends to be less sensitive to market movements. AMZA has a correlation of 0.12 to the broad based SPY ETF.

AMZA has a market cap of $393.12 million. This is considered a Small Cap stock.

In the last 3 years, AMZA stock traded as high as $42.32 and as low as $23.27.

AMZA has outperformed the market in the last year with a price return of +36.1% while the SPY ETF gained +24.3%. AMZA has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +16.2% and -0.5%, respectively, while the SPY returned +4.6% and -2.6%, respectively.

AMZA support price is $39.70 and resistance is $40.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMZA stock will trade within this expected range on the day.