First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Hits New 1-Year High at $33.82

Shares of First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) hit a new 52-week high during trading on Thursday . The company traded as high as $33.82 and last traded at $33.56, with a volume of 31538 shares changing hands. The stock had previously closed at $33.49.

First Trust North American Energy Infrastructure Fund Trading Up 0.6 %

The stock has a market cap of $2.76 billion, a P/E ratio of 17.22 and a beta of 0.52. The stock’s fifty day moving average price is $32.28 and its 200 day moving average price is $30.71.

Institutional Trading of First Trust North American Energy Infrastructure Fund

Hedge funds have recently modified their holdings of the business. Principal Securities Inc. bought a new position in First Trust North American Energy Infrastructure Fund in the 4th quarter worth about $49,000. PNC Financial Services Group Inc. boosted its stake in First Trust North American Energy Infrastructure Fund by 84.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 9,072 shares of the exchange traded fund’s stock worth $251,000 after purchasing an additional 4,141 shares in the last quarter. D.A. Davidson & CO. boosted its stake in First Trust North American Energy Infrastructure Fund by 3.3% in the 4th quarter. D.A. Davidson & CO. now owns 83,860 shares of the exchange traded fund’s stock worth $2,322,000 after purchasing an additional 2,650 shares in the last quarter. Focus Financial Network Inc. ADV bought a new position in First Trust North American Energy Infrastructure Fund in the 4th quarter worth about $215,000. Finally, New Republic Capital LLC boosted its stake in First Trust North American Energy Infrastructure Fund by 94.4% in the 4th quarter. New Republic Capital LLC now owns 54,780 shares of the exchange traded fund’s stock worth $1,517,000 after purchasing an additional 26,594 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.