Steward Partners Investment Advisory LLC grew its position in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 1.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 56,522 shares of the exchange traded fund’s stock after purchasing an additional 824 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Alerian MLP ETF were worth $2,403,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its holdings in shares of Alerian MLP ETF by 3,469.7% in the 4th quarter. International Assets Investment Management LLC now owns 1,015,120 shares of the exchange traded fund’s stock worth $431,630,000 after acquiring an additional 986,683 shares during the last quarter. Wright Fund Management LLC purchased a new stake in Alerian MLP ETF during the third quarter valued at about $37,355,000. Wells Fargo & Company MN grew its stake in shares of Alerian MLP ETF by 14.3% during the fourth quarter. Wells Fargo & Company MN now owns 4,946,698 shares of the exchange traded fund’s stock valued at $210,334,000 after buying an additional 619,287 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Alerian MLP ETF by 58.4% in the third quarter. Ameriprise Financial Inc. now owns 1,030,729 shares of the exchange traded fund’s stock worth $43,522,000 after buying an additional 380,025 shares during the period. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in shares of Alerian MLP ETF by 156.3% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 395,419 shares of the exchange traded fund’s stock valued at $16,813,000 after acquiring an additional 241,163 shares during the last quarter.
Alerian MLP ETF Price Performance
AMLP opened at $45.86 on Friday. The stock’s 50 day simple moving average is $46.81 and its 200 day simple moving average is $44.95. The firm has a market cap of $8.25 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 1 year low of $37.36 and a 1 year high of $48.48.
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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