InterOcean Capital Group LLC Has $649,000 Position in Alerian MLP ETF (NYSEARCA:AMLP)

InterOcean Capital Group LLC boosted its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 59.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,253 shares of the exchange traded fund’s stock after purchasing an additional 5,698 shares during the period. InterOcean Capital Group LLC’s holdings in Alerian MLP ETF were worth $649,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Bank of New York Mellon Corp acquired a new stake in shares of Alerian MLP ETF in the third quarter valued at approximately $352,000. Fifth Third Bancorp lifted its position in shares of Alerian MLP ETF by 106.9% in the third quarter. Fifth Third Bancorp now owns 3,435 shares of the exchange traded fund’s stock valued at $145,000 after buying an additional 1,775 shares during the last quarter. Wealthfront Advisers LLC increased its stake in shares of Alerian MLP ETF by 4.9% during the third quarter. Wealthfront Advisers LLC now owns 7,645 shares of the exchange traded fund’s stock worth $323,000 after purchasing an additional 355 shares during the period. MGO One Seven LLC bought a new position in shares of Alerian MLP ETF during the third quarter worth approximately $268,000. Finally, NBC Securities Inc. bought a new position in shares of Alerian MLP ETF during the third quarter worth approximately $809,000.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA AMLP traded up $0.07 during trading hours on Thursday, reaching $46.01. 232,590 shares of the stock were exchanged, compared to its average volume of 1,274,826. The firm has a market capitalization of $8.28 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52 week low of $37.36 and a 52 week high of $48.48. The stock’s fifty day simple moving average is $47.01 and its 200 day simple moving average is $44.81.

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.