Saxon Interests Inc. Makes New Investment in Alerian MLP ETF (NYSEARCA:AMLP)

Saxon Interests Inc. acquired a new position in Alerian MLP ETF (NYSEARCA:AMLP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 24,004 shares of the exchange traded fund’s stock, valued at approximately $1,021,000.

Several other large investors also recently bought and sold shares of AMLP. Sanctuary Wealth Management L.L.C. purchased a new stake in shares of Alerian MLP ETF in the 4th quarter valued at approximately $29,000. Provence Wealth Management Group acquired a new stake in shares of Alerian MLP ETF in the third quarter valued at $31,000. Tower Research Capital LLC TRC raised its holdings in shares of Alerian MLP ETF by 8,000.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 810 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 800 shares during the period. ICA Group Wealth Management LLC acquired a new position in Alerian MLP ETF during the 4th quarter worth about $34,000. Finally, Ancora Advisors LLC grew its position in Alerian MLP ETF by 114.3% in the 1st quarter. Ancora Advisors LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 640 shares in the last quarter.

Alerian MLP ETF Stock Up 0.8 %

Alerian MLP ETF stock traded up $0.37 during mid-day trading on Friday, reaching $47.46. 1,159,708 shares of the company’s stock were exchanged, compared to its average volume of 1,244,244. The company has a fifty day moving average of $45.41 and a 200-day moving average of $43.45. The company has a market cap of $7.77 billion, a P/E ratio of 13.30 and a beta of 1.42. Alerian MLP ETF has a twelve month low of $37.06 and a twelve month high of $47.55.

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.