First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $40.33 and traded as high as $43.58. First Trust North American Energy Infrastructure Fund shares last traded at $43.49, with a volume of 158,201 shares.

First Trust North American Energy Infrastructure Fund Stock Down 0.2%

The firm’s 50-day moving average price is $43.54 and its 200 day moving average price is $40.33. The firm has a market cap of $3.97 billion, a P/E ratio of 17.59 and a beta of 0.63.

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

Several large investors have recently made changes to their positions in EMLP. Kohmann Bosshard Financial Services LLC purchased a new stake in First Trust North American Energy Infrastructure Fund during the fourth quarter valued at about $31,000. Darwin Wealth Management LLC purchased a new stake in First Trust North American Energy Infrastructure Fund during the second quarter valued at about $33,000. Root Financial Partners LLC purchased a new stake in First Trust North American Energy Infrastructure Fund during the third quarter valued at about $35,000. Sound Income Strategies LLC lifted its stake in First Trust North American Energy Infrastructure Fund by 47,500.0% during the fourth quarter. Sound Income Strategies LLC now owns 952 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 950 shares in the last quarter. Finally, Assetmark Inc. lifted its stake in First Trust North American Energy Infrastructure Fund by 71.7% during the fourth quarter. Assetmark Inc. now owns 972 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 406 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.