First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Hits New 1-Year High at $32.80

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $32.80 and last traded at $32.77, with a volume of 11342 shares trading hands. The stock had previously closed at $32.48.

First Trust North American Energy Infrastructure Fund Stock Up 0.9 %

The stock has a fifty day moving average price of $31.25 and a 200-day moving average price of $29.92. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of 17.22 and a beta of 0.52.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of EMLP. GAMMA Investing LLC purchased a new stake in First Trust North American Energy Infrastructure Fund during the fourth quarter worth $46,000. Principal Securities Inc. purchased a new stake in First Trust North American Energy Infrastructure Fund during the fourth quarter worth $49,000. Triad Wealth Partners LLC purchased a new stake in First Trust North American Energy Infrastructure Fund during the second quarter worth $60,000. Larson Financial Group LLC boosted its position in First Trust North American Energy Infrastructure Fund by 3,739.3% during the fourth quarter. Larson Financial Group LLC now owns 2,342 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 2,281 shares in the last quarter. Finally, Register Financial Advisors LLC purchased a new stake in First Trust North American Energy Infrastructure Fund during the first quarter worth $107,000.

About First Trust North American Energy Infrastructure Fund

The First Trust North American Energy Infrastructure Fund (EMLP) is an exchange-traded fund that is based on the Alerian MLP index. The fund is an actively managed fund that invests in North American energy infrastructure MLPs and LLCs. EMLP was launched on Jun 21, 2012 and is managed by First Trust.