Caldwell Sutter Capital Inc. lowered its position in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 35.6% in the 1st quarter, HoldingsChannel reports. The fund owned 1,137 shares of the exchange traded fund’s stock after selling 629 shares during the period. Caldwell Sutter Capital Inc.’s holdings in Alerian MLP ETF were worth $54,000 as of its most recent filing with the SEC.
Several other large investors also recently added to or reduced their stakes in AMLP. First United Bank & Trust purchased a new position in Alerian MLP ETF during the 4th quarter valued at about $35,000. ICA Group Wealth Management LLC purchased a new position in Alerian MLP ETF during the 4th quarter valued at about $38,000. McGlone Suttner Wealth Management Inc. purchased a new position in Alerian MLP ETF during the 4th quarter valued at about $39,000. Friedenthal Financial purchased a new position in Alerian MLP ETF during the 4th quarter valued at about $54,000. Finally, Eagle Bay Advisors LLC bought a new stake in shares of Alerian MLP ETF during the 4th quarter valued at about $56,000.
Alerian MLP ETF Trading Up 0.7 %
Shares of AMLP traded up $0.33 during trading hours on Wednesday, reaching $48.58. 705,142 shares of the company’s stock traded hands, compared to its average volume of 1,240,856. The stock has a market cap of $8.74 billion, a PE ratio of 13.08 and a beta of 0.48. The firm’s 50 day simple moving average is $46.63 and its 200-day simple moving average is $45.59. Alerian MLP ETF has a 12 month low of $38.88 and a 12 month high of $48.76.
About Alerian MLP ETF
ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership (MLP) asset class.
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