TPYP Stock Summary and Trading Ideas (Tortoise North American Pipeline ETF | ARCA:TPYP)

The Tortoise North American Pipeline Fund uses a passive management approach and seeks to track the total return performance of the Tortoise North American Pipeline Index. The Tortoise North American Pipeline Index SM is a float-adjusted, capitalization weighted index of pipeline companies headquartered in the United States and Canada. A pipeline company is defined as a company that either 1) has been assigned a standard industrial classification ( SIC ) system code that indicates the company operates in the energy pipeline industry or 2) has at least 50% of its assets, cash flow or revenue associated with the operation or ownership of energy pipelines. Pipeline companies engage in the business of transporting natural gas, crude oil and refined products, storing, gathering and processing such as gas, oil and products and local gas distribution. The index includes pipeline companies structured as corporations limited liability companies and master limited partnerships (MLPs).

Tortoise North American Pipeline ETF trades on the ARCA stock market under the symbol TPYP.

As of January 17, 2025, TPYP stock price climbed to $36.80 with 85,979 million shares trading.

TPYP has a market cap of $730.48 million. This is considered a Small Cap stock.

In the last 3 years, TPYP traded as high as $36.95 and as low as $22.09.

TPYP has outperformed the market in the last year with a price return of +49.7% while the SPY ETF gained +28.0%. TPYP has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +13.2% and +5.5%, respectively, while the SPY returned +3.0% and +1.0%, respectively.

TPYP support price is $36.12 and resistance is $37.04 (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 TPYP shares will trade within this expected range on the day.