First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Stock Crosses Above Two Hundred Day Moving Average of $30.35

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $30.35 and traded as high as $33.03. First Trust North American Energy Infrastructure Fund shares last traded at $32.54, with a volume of 212,222 shares traded.

First Trust North American Energy Infrastructure Fund Trading Down 0.9 %

The stock has a market capitalization of $2.67 billion, a P/E ratio of 17.22 and a beta of 0.52. The stock’s 50-day moving average price is $31.77 and its two-hundred day moving average price is $30.37.

Institutional Trading of First Trust North American Energy Infrastructure Fund

Hedge funds have recently made changes to their positions in the business. Principal Securities Inc. acquired a new stake in shares of First Trust North American Energy Infrastructure Fund during the 4th quarter valued at about $49,000. Triad Wealth Partners LLC purchased a new position in First Trust North American Energy Infrastructure Fund in the second quarter valued at approximately $60,000. Register Financial Advisors LLC purchased a new stake in shares of First Trust North American Energy Infrastructure Fund in the 1st quarter valued at about $107,000. Larson Financial Group LLC increased its position in First Trust North American Energy Infrastructure Fund by 588.6% in the 2nd quarter. Larson Financial Group LLC now owns 3,870 shares of the exchange traded fund’s stock valued at $118,000 after acquiring an additional 3,308 shares during the period. Finally, NBC Securities Inc. lifted its position in First Trust North American Energy Infrastructure Fund by 88.6% in the fourth quarter. NBC Securities Inc. now owns 5,557 shares of the exchange traded fund’s stock valued at $153,000 after purchasing an additional 2,611 shares during the period.

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.