First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Hits New 12-Month High at $29.80

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $29.80 and last traded at $29.76, with a volume of 2684 shares. The stock had previously closed at $29.57.

First Trust North American Energy Infrastructure Fund Price Performance

The firm has a market cap of $2.45 billion, a price-to-earnings ratio of 16.86 and a beta of 0.56. The firm has a 50 day moving average price of $28.84 and a 200-day moving average price of $27.78.

Institutional Trading of First Trust North American Energy Infrastructure Fund

Several hedge funds and other institutional investors have recently modified their holdings of the company. CWM LLC grew its holdings in shares of First Trust North American Energy Infrastructure Fund by 44.0% in the 3rd quarter. CWM LLC now owns 2,789 shares of the exchange traded fund’s stock valued at $74,000 after acquiring an additional 852 shares in the last quarter. Private Trust Co. NA boosted its holdings in shares of First Trust North American Energy Infrastructure Fund by 10.1% during the third quarter. Private Trust Co. NA now owns 7,871 shares of the exchange traded fund’s stock worth $208,000 after acquiring an additional 725 shares during the period. Sebold Capital Management Inc. boosted its holdings in shares of First Trust North American Energy Infrastructure Fund by 16.4% during the third quarter. Sebold Capital Management Inc. now owns 18,234 shares of the exchange traded fund’s stock worth $482,000 after acquiring an additional 2,572 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in shares of First Trust North American Energy Infrastructure Fund by 0.7% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 496,249 shares of the exchange traded fund’s stock valued at $13,111,000 after buying an additional 3,618 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its position in shares of First Trust North American Energy Infrastructure Fund by 5.1% in the third quarter. Chicago Partners Investment Group LLC now owns 112,890 shares of the exchange traded fund’s stock valued at $2,957,000 after buying an additional 5,439 shares in 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.