First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Sets New 12-Month High – Here’s What Happened

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $44.21 and last traded at $44.2130, with a volume of 36204 shares trading hands. The stock had previously closed at $43.95.

First Trust North American Energy Infrastructure Fund Trading Down 0.8%

The firm has a market cap of $3.91 billion, a P/E ratio of 17.59 and a beta of 0.65. The stock’s fifty day moving average is $41.53 and its two-hundred day moving average is $39.28.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EMLP. Compound Planning Inc. boosted its position in First Trust North American Energy Infrastructure Fund by 2.4% during the fourth quarter. Compound Planning Inc. now owns 10,816 shares of the exchange traded fund’s stock valued at $410,000 after buying an additional 258 shares during the period. Silver Oak Securities Incorporated increased its holdings in shares of First Trust North American Energy Infrastructure Fund by 1.2% in the fourth quarter. Silver Oak Securities Incorporated now owns 23,299 shares of the exchange traded fund’s stock worth $887,000 after buying an additional 287 shares during the period. O Shaughnessy Asset Management LLC lifted its stake in shares of First Trust North American Energy Infrastructure Fund by 10.1% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 3,295 shares of the exchange traded fund’s stock valued at $125,000 after acquiring an additional 302 shares during the last quarter. National Wealth Management Group LLC lifted its stake in shares of First Trust North American Energy Infrastructure Fund by 3.7% in the 3rd quarter. National Wealth Management Group LLC now owns 8,809 shares of the exchange traded fund’s stock valued at $337,000 after acquiring an additional 311 shares during the last quarter. Finally, Tyler Stone Wealth Management boosted its holdings in First Trust North American Energy Infrastructure Fund by 4.6% during the 2nd quarter. Tyler Stone Wealth Management now owns 7,857 shares of the exchange traded fund’s stock valued at $295,000 after acquiring an additional 343 shares during the period.

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.