Alerian MLP ETF (NYSEARCA:AMLP – Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $47.61 and traded as high as $48.67. Alerian MLP ETF shares last traded at $48.67, with a volume of 1,188,705 shares changing hands.
Alerian MLP ETF Trading Down 1.6 %
The firm has a fifty day moving average of $48.30 and a two-hundred day moving average of $47.61. The company has a market capitalization of $8.61 billion, a PE ratio of 13.08 and a beta of 0.48.
Institutional Trading of Alerian MLP ETF
Institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC grew its position in shares of Alerian MLP ETF by 532.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 19,668 shares of the exchange traded fund’s stock worth $927,000 after buying an additional 16,560 shares during the last quarter. Regency Capital Management Inc. DE boosted its holdings in Alerian MLP ETF by 173.7% in the third quarter. Regency Capital Management Inc. DE now owns 98,179 shares of the exchange traded fund’s stock valued at $4,627,000 after acquiring an additional 62,304 shares in the last quarter. Advisors Asset Management Inc. purchased a new position in Alerian MLP ETF during the 3rd quarter valued at $65,000. Zions Bancorporation N.A. bought a new position in Alerian MLP ETF in the 2nd quarter worth $96,000. Finally, Benjamin Edwards Inc. lifted its position in shares of Alerian MLP ETF by 47.0% in the 2nd quarter. Benjamin Edwards Inc. now owns 20,362 shares of the exchange traded fund’s stock worth $977,000 after purchasing an additional 6,514 shares during the period.
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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