First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP – Get Free Report) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 136,793 shares, an increase of 336.7% from the April 15th total of 31,324 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 208,038 shares, the days-to-cover ratio is currently 0.7 days.
Institutional Investors Weigh In On First Trust North American Energy Infrastructure Fund
A number of institutional investors have recently added to or reduced their stakes in EMLP. Kingswood Wealth Advisors LLC boosted its holdings in shares of First Trust North American Energy Infrastructure Fund by 9.9% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 18,983 shares of the exchange traded fund’s stock valued at $719,000 after purchasing an additional 1,712 shares during the last quarter. G&S Capital LLC boosted its stake in First Trust North American Energy Infrastructure Fund by 3.8% during the fourth quarter. G&S Capital LLC now owns 24,443 shares of the exchange traded fund’s stock valued at $926,000 after buying an additional 896 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in First Trust North American Energy Infrastructure Fund by 7.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 17,542 shares of the exchange traded fund’s stock valued at $663,000 after buying an additional 1,199 shares in the last quarter. Auour Investments LLC grew its holdings in First Trust North American Energy Infrastructure Fund by 1.0% during the 4th quarter. Auour Investments LLC now owns 52,189 shares of the exchange traded fund’s stock valued at $1,976,000 after buying an additional 523 shares in the last quarter. Finally, Appleton Partners Inc. MA increased its stake in First Trust North American Energy Infrastructure Fund by 0.9% in the 4th quarter. Appleton Partners Inc. MA now owns 128,625 shares of the exchange traded fund’s stock worth $4,871,000 after acquiring an additional 1,175 shares during the last quarter.
First Trust North American Energy Infrastructure Fund Price Performance
Shares of NYSEARCA EMLP traded down $0.35 during mid-day trading on Friday, reaching $43.77. The company’s stock had a trading volume of 372,033 shares, compared to its average volume of 267,369. First Trust North American Energy Infrastructure Fund has a 52 week low of $36.29 and a 52 week high of $44.76. The stock has a fifty day moving average of $43.68 and a two-hundred day moving average of $40.85. The firm has a market capitalization of $3.99 billion, a PE ratio of 17.59 and a beta of 0.59.
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.
Further Reading
- Five stocks we like better than First Trust North American Energy Infrastructure Fund
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
- TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
- The Power Grid Is Dying—Is It Time to Buy Its Replacement?
Receive News & Ratings for First Trust North American Energy Infrastructure Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust North American Energy Infrastructure Fund and related companies with MarketBeat.com's FREE daily email newsletter.
