First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Shares Cross Above 200-Day Moving Average of $27.74

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $27.74 and traded as high as $29.72. First Trust North American Energy Infrastructure Fund shares last traded at $29.57, with a volume of 108,057 shares.

First Trust North American Energy Infrastructure Fund Stock Performance

The stock’s 50 day simple moving average is $28.81 and its two-hundred day simple moving average is $27.74. The firm has a market capitalization of $2.43 billion, a PE ratio of 16.86 and a beta of 0.56.

Institutional Trading of First Trust North American Energy Infrastructure Fund

Several institutional investors have recently made changes to their positions in EMLP. CWM LLC raised its position in shares of First Trust North American Energy Infrastructure Fund by 44.0% during the 3rd quarter. CWM LLC now owns 2,789 shares of the exchange traded fund’s stock valued at $74,000 after buying an additional 852 shares during the period. Avior Wealth Management LLC increased its holdings in First Trust North American Energy Infrastructure Fund by 19.7% in the 3rd quarter. Avior Wealth Management LLC now owns 3,227 shares of the exchange traded fund’s stock valued at $85,000 after purchasing an additional 531 shares during the last quarter. Private Trust Co. NA increased its holdings in First Trust North American Energy Infrastructure Fund by 10.1% in the 3rd quarter. Private Trust Co. NA now owns 7,871 shares of the exchange traded fund’s stock valued at $208,000 after purchasing an additional 725 shares during the last quarter. Sebold Capital Management Inc. grew its stake in shares of First Trust North American Energy Infrastructure Fund by 16.4% in the third quarter. Sebold Capital Management Inc. now owns 18,234 shares of the exchange traded fund’s stock worth $482,000 after acquiring an additional 2,572 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its stake in shares of First Trust North American Energy Infrastructure Fund by 0.7% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 496,249 shares of the exchange traded fund’s stock worth $13,111,000 after acquiring an additional 3,618 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.