First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP – Get Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $43.49 and traded as high as $44.87. First Trust North American Energy Infrastructure Fund shares last traded at $44.43, with a volume of 141,357 shares changing hands.
First Trust North American Energy Infrastructure Fund Price Performance
The firm has a market cap of $4.11 billion, a price-to-earnings ratio of 17.59 and a beta of 0.56. The business’s 50-day moving average price is $43.88 and its two-hundred day moving average price is $43.52.
Hedge Funds Weigh In On First Trust North American Energy Infrastructure Fund
Several large investors have recently modified their holdings of EMLP. Kohmann Bosshard Financial Services LLC bought a new stake in First Trust North American Energy Infrastructure Fund in the fourth quarter valued at about $31,000. Darwin Wealth Management LLC bought a new stake in shares of First Trust North American Energy Infrastructure Fund in the 2nd quarter valued at approximately $33,000. Compass Financial Management LLC acquired a new stake in shares of First Trust North American Energy Infrastructure Fund during the 2nd quarter valued at approximately $36,000. Assetmark Inc. raised its position in shares of First Trust North American Energy Infrastructure Fund by 71.7% during the 4th quarter. Assetmark Inc. now owns 972 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 406 shares in the last quarter. Finally, Bessemer Group Inc. bought a new position in First Trust North American Energy Infrastructure Fund during the first quarter worth $41,000.
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.
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