First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Hits New 1-Year High at $32.11

Shares of First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) reached a new 52-week high on Wednesday . The company traded as high as $32.11 and last traded at $32.07, with a volume of 44331 shares trading hands. The stock had previously closed at $31.83.

First Trust North American Energy Infrastructure Fund Stock Performance

The company has a market capitalization of $2.63 billion, a price-to-earnings ratio of 17.22 and a beta of 0.52. The company has a 50-day moving average price of $30.98 and a 200-day moving average price of $29.71.

Institutional Trading of First Trust North American Energy Infrastructure Fund

A number of large investors have recently bought and sold shares of the business. Cerity Partners OCIO LLC acquired a new stake in shares of First Trust North American Energy Infrastructure Fund in the 2nd quarter valued at about $41,078,000. Hancock Whitney Corp raised its position in First Trust North American Energy Infrastructure Fund by 1.8% in the 2nd quarter. Hancock Whitney Corp now owns 41,524 shares of the exchange traded fund’s stock valued at $1,265,000 after buying an additional 724 shares during the last quarter. AE Wealth Management LLC bought a new stake in First Trust North American Energy Infrastructure Fund in the 2nd quarter valued at approximately $226,000. Arvest Trust Co. N A lifted its stake in First Trust North American Energy Infrastructure Fund by 0.6% in the 2nd quarter. Arvest Trust Co. N A now owns 915,671 shares of the exchange traded fund’s stock valued at $27,891,000 after acquiring an additional 5,279 shares in the last quarter. Finally, Moors & Cabot Inc. grew its stake in shares of First Trust North American Energy Infrastructure Fund by 10.8% during the 2nd quarter. Moors & Cabot Inc. now owns 11,119 shares of the exchange traded fund’s stock worth $339,000 after acquiring an additional 1,088 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.