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

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 has a market cap of $2.57 billion, a price-to-earnings ratio of 18.88 and a beta of 0.81. The firm has a fifty day moving average price of $28.57 and a 200-day moving average price of $27.60.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of EMLP. Betterment LLC raised its holdings in First Trust North American Energy Infrastructure Fund by 1.0% in the third quarter. Betterment LLC now owns 41,416 shares of the exchange traded fund’s stock valued at $1,094,000 after buying an additional 400 shares during the period. Captrust Financial Advisors raised its stake in shares of First Trust North American Energy Infrastructure Fund by 0.3% in the 2nd quarter. Captrust Financial Advisors now owns 160,346 shares of the exchange traded fund’s stock valued at $4,329,000 after acquiring an additional 424 shares during the period. Equitable Holdings Inc. boosted its position in First Trust North American Energy Infrastructure Fund by 2.6% during the 1st quarter. Equitable Holdings Inc. now owns 16,930 shares of the exchange traded fund’s stock worth $469,000 after purchasing an additional 430 shares during the period. BOKF NA boosted its position in First Trust North American Energy Infrastructure Fund by 30.5% during the 4th quarter. BOKF NA now owns 1,976 shares of the exchange traded fund’s stock worth $55,000 after purchasing an additional 462 shares during the period. Finally, Patron Partners LLC increased its holdings in First Trust North American Energy Infrastructure Fund by 5.3% in the 3rd quarter. Patron Partners LLC now owns 9,550 shares of the exchange traded fund’s stock valued at $252,000 after purchasing an additional 484 shares in the last quarter.

About First Trust North American Energy Infrastructure Fund

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.