First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) Stock Passes Above Two Hundred Day Moving Average of $0.00

First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $24.67. First Trust North American Energy Infrastructure Fund shares last traded at $24.60, with a volume of 7,858 shares.

The stock has a 50-day moving average price of $25.31.

A number of hedge funds and other institutional investors have recently modified their holdings of EMLP. New England Investment & Retirement Group Inc. raised its stake in First Trust North American Energy Infrastructure Fund by 860.9% during the second quarter. New England Investment & Retirement Group Inc. now owns 768,397 shares of the exchange traded fund’s stock worth $19,325,000 after acquiring an additional 688,432 shares in the last quarter. Beacon Financial Group raised its stake in First Trust North American Energy Infrastructure Fund by 104.3% during the second quarter. Beacon Financial Group now owns 248,385 shares of the exchange traded fund’s stock worth $6,247,000 after acquiring an additional 126,791 shares in the last quarter. Great Valley Advisor Group Inc. acquired a new position in First Trust North American Energy Infrastructure Fund during the second quarter worth about $2,295,000. Carnick & Kubik Group LLC acquired a new position in First Trust North American Energy Infrastructure Fund during the second quarter worth about $1,635,000. Finally, Allen Capital Group LLC acquired a new position in First Trust North American Energy Infrastructure Fund during the second quarter worth about $1,567,000.

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