First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $36.27 and traded as high as $36.32. First Trust North American Energy Infrastructure Fund shares last traded at $36.13, with a volume of 237,419 shares trading hands.

First Trust North American Energy Infrastructure Fund Price Performance

The firm’s 50 day moving average is $36.37 and its 200 day moving average is $36.28. The company has a market cap of $3.12 billion, a PE ratio of 17.46 and a beta of 0.70.

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

Large investors have recently added to or reduced their stakes in the business. Capital Investment Advisors LLC raised its position in shares of First Trust North American Energy Infrastructure Fund by 1.6% during the 1st quarter. Capital Investment Advisors LLC now owns 3,712,849 shares of the exchange traded fund’s stock valued at $139,195,000 after buying an additional 59,476 shares in the last quarter. Glenview Trust co increased its stake in First Trust North American Energy Infrastructure Fund by 0.7% in the fourth quarter. Glenview Trust co now owns 2,521,496 shares of the exchange traded fund’s stock valued at $89,891,000 after acquiring an additional 18,670 shares during the last quarter. Cresset Asset Management LLC raised its position in First Trust North American Energy Infrastructure Fund by 5.1% during the fourth quarter. Cresset Asset Management LLC now owns 2,152,195 shares of the exchange traded fund’s stock valued at $76,726,000 after purchasing an additional 103,686 shares in the last quarter. Wealthspire Advisors LLC lifted its stake in First Trust North American Energy Infrastructure Fund by 3.3% during the fourth quarter. Wealthspire Advisors LLC now owns 2,027,567 shares of the exchange traded fund’s stock worth $72,283,000 after purchasing an additional 64,349 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of First Trust North American Energy Infrastructure Fund by 0.8% in the 4th quarter. LPL Financial LLC now owns 1,997,959 shares of the exchange traded fund’s stock worth $71,227,000 after purchasing an additional 15,415 shares in the last quarter.

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.