First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Stock Price Crosses Above 200 Day Moving Average of $29.88

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $29.88 and traded as high as $32.54. First Trust North American Energy Infrastructure Fund shares last traded at $32.45, with a volume of 65,099 shares traded.

First Trust North American Energy Infrastructure Fund Price Performance

The business’s 50-day moving average price is $31.25 and its two-hundred day moving average price is $29.92. The company has a market capitalization of $2.69 billion, a P/E ratio of 17.22 and a beta of 0.52.

Institutional Investors Weigh In On First Trust North American Energy Infrastructure Fund

Institutional investors have recently added to or reduced their stakes in the stock. Capital Investment Advisors LLC boosted its holdings in First Trust North American Energy Infrastructure Fund by 2.1% in the 2nd quarter. Capital Investment Advisors LLC now owns 3,545,194 shares of the exchange traded fund’s stock valued at $107,987,000 after purchasing an additional 72,246 shares during the period. Wealthspire Advisors LLC lifted its holdings in shares of First Trust North American Energy Infrastructure Fund by 3.0% during the 4th quarter. Wealthspire Advisors LLC now owns 1,888,339 shares of the exchange traded fund’s stock worth $52,288,000 after acquiring an additional 54,354 shares during the period. LPL Financial LLC lifted its holdings in shares of First Trust North American Energy Infrastructure Fund by 4.3% during the 2nd quarter. LPL Financial LLC now owns 1,717,583 shares of the exchange traded fund’s stock worth $52,318,000 after acquiring an additional 70,047 shares during the period. Comprehensive Wealth Management LLC lifted its holdings in shares of First Trust North American Energy Infrastructure Fund by 0.4% during the 1st quarter. Comprehensive Wealth Management LLC now owns 1,451,325 shares of the exchange traded fund’s stock worth $42,858,000 after acquiring an additional 5,804 shares during the period. Finally, Cerity Partners OCIO LLC bought a new stake in shares of First Trust North American Energy Infrastructure Fund during the 2nd quarter worth approximately $41,078,000.

First Trust North American Energy Infrastructure Fund Company Profile

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.