First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Stock Price Passes Above 200-Day Moving Average of $30.35

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP)’s share price passed 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 changing hands.

First Trust North American Energy Infrastructure Fund Stock Performance

The company has a market cap of $2.67 billion, a P/E ratio of 17.22 and a beta of 0.52. The stock has a 50-day simple moving average of $31.77 and a 200 day simple moving average of $30.35.

Hedge Funds Weigh In On First Trust North American Energy Infrastructure Fund

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