First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Reaches New 52-Week High at $31.67

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $31.67 and last traded at $31.67, with a volume of 31608 shares traded. The stock had previously closed at $31.40.

First Trust North American Energy Infrastructure Fund Stock Up 0.0 %

The business’s 50 day moving average is $30.62 and its 200-day moving average is $29.19. The firm has a market cap of $2.58 billion, a P/E ratio of 17.22 and a beta of 0.52.

Institutional Investors Weigh In On First Trust North American Energy Infrastructure Fund

Large investors have recently added to or reduced their stakes in the stock. BKM Wealth Management LLC bought a new stake in First Trust North American Energy Infrastructure Fund during the fourth quarter worth approximately $28,000. GAMMA Investing LLC bought a new stake in shares of First Trust North American Energy Infrastructure Fund in the fourth quarter valued at approximately $46,000. Principal Securities Inc. bought a new stake in shares of First Trust North American Energy Infrastructure Fund in the fourth quarter valued at approximately $49,000. Triad Wealth Partners LLC bought a new stake in shares of First Trust North American Energy Infrastructure Fund in the second quarter valued at approximately $60,000. Finally, Larson Financial Group LLC boosted its position in shares of First Trust North American Energy Infrastructure Fund by 3,739.3% in the fourth quarter. Larson Financial Group LLC now owns 2,342 shares of the exchange traded fund’s stock valued at $65,000 after acquiring an additional 2,281 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.