UMI Stock Summary and Trading Ideas (Uscf Midstream Energy Income ETF | ARCA:UMI)

The Fund is actively managed & the investment sub-adviser, Miller/Howard Investments, Inc., utilizes a bottom-up fundamental research process to evaluate these midstream energy infrastructure companies on a number of key metrics, including income, growth of income, distribution coverage, leverage, direct-commodity price exposure, and contract quality. The Fund invests at least 80% of its net assets in equity securities of U.S. and Canadian companies of any market capitalization deemed by the Sub-Adviser to be engaged in the midstream energy sector. The midstream energy sector primarily includes publicly-traded master limited partnerships and limited liability companies taxed as partnerships (MLPs), and companies structured or who elect to be taxed as C-corporations that derive the majority of their revenue from operating or providing midstream energy services. The Fund may directly invest up to 25% of its total assets in equity securities of certain MLPs treated as publicly-traded partnerships. The Fund will invest more than 25% of the value of its total assets in the energy, oil, and gas industries.

Uscf Midstream Energy Income ETF trades on the ARCA stock market under the symbol UMI.

As of December 13, 2024, UMI stock price declined to $50.17 with 12,866 million shares trading.

UMI has a beta of 0.45, meaning it tends to be less sensitive to market movements. UMI has a correlation of 0.13 to the broad based SPY ETF.

UMI has a market cap of $367.24 million. This is considered a Small Cap stock.

In the last 3 years, UMI traded as high as $53.99 and as low as $27.00.

UMI has outperformed the market in the last year with a return of +45.1%, while the SPY ETF gained +29.9%. In the last 3 month period, UMI beat the market returning +13.4%, while SPY returned +7.8%. However, in the most recent 2 weeks UMI has underperformed the stock market by returning -5.9%, while SPY returned +0.3%.

UMI support price is $49.87 and resistance is $51.06 (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 UMI shares will trade within this expected range on the day.