FSA Investment Group LLC purchased a new stake in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) in the 4th quarter, Holdings Channel reports. The fund purchased 8,746 shares of the exchange traded fund’s stock, valued at approximately $442,000. Alerian MLP ETF accounts for about 0.4% of FSA Investment Group LLC’s holdings, making the stock its 17th largest holding.
Several other institutional investors and hedge funds also recently made changes to their positions in AMLP. LPL Financial LLC raised its stake in Alerian MLP ETF by 13.0% in the third quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock valued at $113,110,000 after purchasing an additional 275,254 shares in the last quarter. Raymond James & Associates grew its holdings in Alerian MLP ETF by 2.4% during the 3rd quarter. Raymond James & Associates now owns 1,061,519 shares of the exchange traded fund’s stock worth $50,029,000 after acquiring an additional 24,674 shares during the period. Stephens Inc. AR increased its stake in shares of Alerian MLP ETF by 2.8% in the 3rd quarter. Stephens Inc. AR now owns 984,226 shares of the exchange traded fund’s stock valued at $46,387,000 after acquiring an additional 26,882 shares in the last quarter. Naviter Wealth LLC grew its holdings in shares of Alerian MLP ETF by 14.2% during the third quarter. Naviter Wealth LLC now owns 877,080 shares of the exchange traded fund’s stock valued at $41,337,000 after buying an additional 108,804 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in Alerian MLP ETF by 10.7% during the third quarter. HighTower Advisors LLC now owns 872,018 shares of the exchange traded fund’s stock worth $41,091,000 after buying an additional 83,961 shares in the last quarter.
Alerian MLP ETF Stock Up 0.4 %
Shares of NYSEARCA AMLP opened at $52.13 on Friday. The stock’s 50 day moving average price is $49.70 and its 200-day moving average price is $48.11. The company has a market capitalization of $9.38 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a twelve month low of $43.02 and a twelve month high of $52.82.
Alerian MLP ETF Profile
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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