Shares of First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP – Get Free Report) saw an uptick in trading volume on Monday. Approximately 307,829 shares were traded during mid-day trading, an increase of 11% from the average daily volume of 278,273 shares. The stock last traded at $44.3370 and had previously closed at $44.62.
First Trust North American Energy Infrastructure Fund Stock Down 0.7%
The stock has a market cap of $4.24 billion, a price-to-earnings ratio of 17.59 and a beta of 0.57. The stock’s fifty day moving average is $43.15 and its 200-day moving average is $43.16.
Hedge Funds Weigh In On First Trust North American Energy Infrastructure Fund
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Compass Financial Management LLC bought a new position in First Trust North American Energy Infrastructure Fund during the second quarter worth about $36,000. Root Financial Partners LLC bought a new position in shares of First Trust North American Energy Infrastructure Fund during the 3rd quarter valued at about $38,000. Bessemer Group Inc. bought a new position in shares of First Trust North American Energy Infrastructure Fund during the 1st quarter valued at about $41,000. Mather Group LLC. acquired a new position in shares of First Trust North American Energy Infrastructure Fund in the 3rd quarter valued at approximately $64,000. Finally, Eastern Bank acquired a new position in shares of First Trust North American Energy Infrastructure Fund in the 3rd quarter valued at approximately $85,000.
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.
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