First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Sets New 1-Year High – Here’s What Happened

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $38.30 and last traded at $38.23, with a volume of 178970 shares. The stock had previously closed at $37.58.

First Trust North American Energy Infrastructure Fund Trading Up 0.1 %

The firm’s fifty day moving average price is $36.56 and its 200-day moving average price is $34.26. The firm has a market cap of $3.09 billion, a price-to-earnings ratio of 17.22 and a beta of 0.52.

Institutional Trading of First Trust North American Energy Infrastructure Fund

Large investors have recently made changes to their positions in the company. Gateway Wealth Partners LLC boosted its stake in First Trust North American Energy Infrastructure Fund by 7.1% during the 4th quarter. Gateway Wealth Partners LLC now owns 17,611 shares of the exchange traded fund’s stock worth $628,000 after purchasing an additional 1,170 shares during the period. Barry Investment Advisors LLC raised its holdings in shares of First Trust North American Energy Infrastructure Fund by 2.3% in the fourth quarter. Barry Investment Advisors LLC now owns 417,995 shares of the exchange traded fund’s stock valued at $14,902,000 after buying an additional 9,410 shares during the last quarter. First Citizens Bank & Trust Co. boosted its stake in shares of First Trust North American Energy Infrastructure Fund by 59.9% during the fourth quarter. First Citizens Bank & Trust Co. now owns 9,721 shares of the exchange traded fund’s stock worth $347,000 after buying an additional 3,642 shares during the period. Encompass More Asset Management purchased a new position in shares of First Trust North American Energy Infrastructure Fund during the fourth quarter worth about $2,028,000. Finally, Janney Montgomery Scott LLC increased its position in First Trust North American Energy Infrastructure Fund by 11.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 78,704 shares of the exchange traded fund’s stock valued at $2,806,000 after acquiring an additional 8,234 shares during the period.

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.