Alerian MLP ETF (NYSEARCA:AMLP) is Cypress Capital Management LLC WY’s 9th Largest Position

Cypress Capital Management LLC WY cut its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 9.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 53,879 shares of the exchange traded fund’s stock after selling 5,732 shares during the period. Alerian MLP ETF comprises approximately 2.5% of Cypress Capital Management LLC WY’s holdings, making the stock its 9th largest position. Cypress Capital Management LLC WY’s holdings in Alerian MLP ETF were worth $2,291,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. TIAA Trust National Association purchased a new stake in shares of Alerian MLP ETF in the 3rd quarter worth $42,485,000. International Assets Investment Management LLC increased its stake 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 purchasing an additional 986,683 shares in the last quarter. Wright Fund Management LLC purchased a new stake in shares of Alerian MLP ETF in the 3rd quarter worth $37,355,000. Ameriprise Financial Inc. increased its stake in shares of Alerian MLP ETF by 58.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,030,729 shares of the exchange traded fund’s stock worth $43,522,000 after purchasing an additional 380,025 shares in the last quarter. Finally, Advisors Preferred LLC purchased a new stake in shares of Alerian MLP ETF in the 3rd quarter worth $10,598,000.

Alerian MLP ETF Price Performance

Shares of NYSEARCA:AMLP traded up $0.12 during midday trading on Monday, hitting $47.64. The company had a trading volume of 624,557 shares, compared to its average volume of 1,252,266. The company has a market cap of $8.48 billion, a price-to-earnings ratio of 12.87 and a beta of 0.51. Alerian MLP ETF has a 12-month low of $37.06 and a 12-month high of $48.48. The company has a fifty day moving average of $46.71 and a two-hundred day moving average of $44.27.

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.