First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Shares Cross Above 200 Day Moving Average of $27.60

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $27.60 and traded as high as $28.77. First Trust North American Energy Infrastructure Fund shares last traded at $28.71, with a volume of 150,666 shares.

First Trust North American Energy Infrastructure Fund Stock Up 0.6 %

The firm’s fifty day simple moving average is $28.57 and its 200-day simple moving average is $27.60. The firm has a market capitalization of $2.57 billion, a PE ratio of 18.88 and a beta of 0.81.

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

Several large investors have recently bought and sold shares of EMLP. Tower Research Capital LLC TRC grew its position in First Trust North American Energy Infrastructure Fund by 3,603.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,000 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 973 shares during the period. BKM Wealth Management LLC purchased a new stake in First Trust North American Energy Infrastructure Fund during the fourth quarter valued at $28,000. City Holding Co. bought a new position in First Trust North American Energy Infrastructure Fund in the fourth quarter valued at about $39,000. GAMMA Investing LLC purchased a new position in First Trust North American Energy Infrastructure Fund in the fourth quarter worth about $46,000. Finally, Principal Securities Inc. bought a new stake in shares of First Trust North American Energy Infrastructure Fund during the 4th quarter valued at about $49,000.

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.