Clear Harbor Asset Management LLC Takes $147,000 Position in San Juan Basin Royalty Trust (NYSE:SJT)

Clear Harbor Asset Management LLC bought a new position in San Juan Basin Royalty Trust (NYSE:SJT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 38,261 shares of the oil and gas producer’s stock, valued at approximately $147,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its holdings in shares of San Juan Basin Royalty Trust by 270.0% in the 3rd quarter. International Assets Investment Management LLC now owns 7,400 shares of the oil and gas producer’s stock worth $27,000 after purchasing an additional 5,400 shares during the period. Prospera Private Wealth LLC purchased a new position in San Juan Basin Royalty Trust in the third quarter valued at approximately $34,000. Americana Partners LLC acquired a new position in San Juan Basin Royalty Trust during the third quarter valued at approximately $40,000. GSA Capital Partners LLP purchased a new stake in San Juan Basin Royalty Trust during the third quarter worth approximately $41,000. Finally, Atlas Wealth Partners LLC acquired a new stake in shares of San Juan Basin Royalty Trust in the third quarter worth $63,000. Institutional investors and hedge funds own 10.42% of the company’s stock.

San Juan Basin Royalty Trust Price Performance

Shares of SJT stock opened at $4.47 on Thursday. The company’s fifty day simple moving average is $4.13 and its 200-day simple moving average is $3.92. San Juan Basin Royalty Trust has a 52 week low of $3.21 and a 52 week high of $5.81.

San Juan Basin Royalty Trust Profile

San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest in Southland’s oil and natural gas interests in properties located in the San Juan Basin in northwestern New Mexico. It also owns subject interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net-producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico.