First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Stock Price Passes Above 200 Day Moving Average of $26.97

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP – Get Rating) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $26.97 and traded as high as $26.98. First Trust North American Energy Infrastructure Fund shares last traded at $26.79, with a volume of 616,335 shares.

First Trust North American Energy Infrastructure Fund Stock Performance

The firm has a fifty day simple moving average of $26.70 and a 200 day simple moving average of $26.97. The company has a market capitalization of $2.59 billion, a PE ratio of 18.88 and a beta of 0.83.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Beacon Pointe Advisors LLC purchased a new position in shares of First Trust North American Energy Infrastructure Fund in the 1st quarter valued at $6,287,000. Royal Bank of Canada increased its holdings in shares of First Trust North American Energy Infrastructure Fund by 338.5% in the 1st quarter. Royal Bank of Canada now owns 4,315,519 shares of the exchange traded fund’s stock valued at $119,497,000 after acquiring an additional 3,331,278 shares during the period. Eaton Vance Management increased its holdings in shares of First Trust North American Energy Infrastructure Fund by 19.9% in the 1st quarter. Eaton Vance Management now owns 150,376 shares of the exchange traded fund’s stock valued at $4,164,000 after acquiring an additional 24,991 shares during the period. First Republic Investment Management Inc. increased its holdings in shares of First Trust North American Energy Infrastructure Fund by 23.6% in the 1st quarter. First Republic Investment Management Inc. now owns 421,824 shares of the exchange traded fund’s stock valued at $11,680,000 after acquiring an additional 80,482 shares during the period. Finally, Atria Wealth Solutions Inc. purchased a new position in First Trust North American Energy Infrastructure Fund during the 1st quarter worth $800,000.

First Trust North American Energy Infrastructure Fund Company Profile

(Get Rating)

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.