First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP – Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 178,309 shares traded hands during mid-day trading, a decline of 33% from the previous session’s volume of 265,235 shares.The stock last traded at $42.5620 and had previously closed at $42.66.
First Trust North American Energy Infrastructure Fund Trading Down 0.6%
The firm has a market capitalization of $4.04 billion, a P/E ratio of 17.59 and a beta of 0.56. The business has a 50-day moving average of $43.98 and a 200 day moving average of $43.76.
Institutional Investors Weigh In On First Trust North American Energy Infrastructure Fund
Hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in shares of First Trust North American Energy Infrastructure Fund by 12.0% during the first quarter. Bank of America Corp DE now owns 2,383,147 shares of the exchange traded fund’s stock valued at $104,048,000 after acquiring an additional 256,270 shares in the last quarter. Wealthspire Advisors LLC lifted its holdings in shares of First Trust North American Energy Infrastructure Fund by 2.5% in the 4th quarter. Wealthspire Advisors LLC now owns 2,165,019 shares of the exchange traded fund’s stock worth $81,989,000 after purchasing an additional 51,817 shares in the last quarter. Glenmede Trust Co. NA grew its position in First Trust North American Energy Infrastructure Fund by 2.5% in the 1st quarter. Glenmede Trust Co. NA now owns 1,081,366 shares of the exchange traded fund’s stock valued at $47,212,000 after purchasing an additional 25,901 shares during the period. Rockefeller Capital Management L.P. grew its position in First Trust North American Energy Infrastructure Fund by 8.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 967,390 shares of the exchange traded fund’s stock valued at $36,635,000 after purchasing an additional 76,535 shares during the period. Finally, Disciplina Capital Management LLC increased its stake in First Trust North American Energy Infrastructure Fund by 2.1% during the 4th quarter. Disciplina Capital Management LLC now owns 932,032 shares of the exchange traded fund’s stock valued at $35,296,000 after purchasing an additional 18,798 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.
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