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

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $34.44 and traded as high as $36.75. First Trust North American Energy Infrastructure Fund shares last traded at $36.66, with a volume of 696,517 shares changing hands.

First Trust North American Energy Infrastructure Fund Stock Up 0.1 %

The stock’s fifty day moving average is $36.59 and its two-hundred day moving average is $34.44. The firm has a market capitalization of $3.01 billion, a price-to-earnings ratio of 17.22 and a beta of 0.52.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Prosperity Financial Group Inc. lifted its position in First Trust North American Energy Infrastructure Fund by 4.8% during the third quarter. Prosperity Financial Group Inc. now owns 9,655 shares of the exchange traded fund’s stock worth $324,000 after purchasing an additional 442 shares during the period. Blue Trust Inc. lifted its holdings in shares of First Trust North American Energy Infrastructure Fund by 25.2% during the 3rd quarter. Blue Trust Inc. now owns 2,830 shares of the exchange traded fund’s stock worth $95,000 after acquiring an additional 570 shares during the period. Prospera Financial Services Inc boosted its position in shares of First Trust North American Energy Infrastructure Fund by 0.7% during the 3rd quarter. Prospera Financial Services Inc now owns 88,303 shares of the exchange traded fund’s stock worth $2,967,000 after acquiring an additional 591 shares in the last quarter. Prospera Private Wealth LLC bought a new position in First Trust North American Energy Infrastructure Fund in the third quarter valued at approximately $27,000. Finally, Gateway Wealth Partners LLC lifted its stake in First Trust North American Energy Infrastructure Fund by 5.4% during the third quarter. Gateway Wealth Partners LLC now owns 16,441 shares of the exchange traded fund’s stock worth $552,000 after purchasing an additional 849 shares during the last quarter.

About First Trust North American Energy Infrastructure Fund

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.