Y Intercept Hong Kong Ltd raised its stake in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 44.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,353 shares of the exchange traded fund’s stock after purchasing an additional 3,195 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Alerian MLP ETF were worth $506,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. LPL Financial LLC boosted its holdings in Alerian MLP ETF by 15.6% in the first quarter. LPL Financial LLC now owns 3,238,970 shares of the exchange traded fund’s stock worth $168,232,000 after purchasing an additional 437,947 shares during the period. Allen Investment Management LLC increased its stake in shares of Alerian MLP ETF by 31.7% during the first quarter. Allen Investment Management LLC now owns 3,080,512 shares of the exchange traded fund’s stock valued at $160,002,000 after acquiring an additional 740,605 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Alerian MLP ETF by 18.6% in the first quarter. Raymond James Financial Inc. now owns 2,563,333 shares of the exchange traded fund’s stock valued at $133,140,000 after buying an additional 401,133 shares during the period. Naviter Wealth LLC boosted its position in shares of Alerian MLP ETF by 17.5% during the 2nd quarter. Naviter Wealth LLC now owns 1,311,189 shares of the exchange traded fund’s stock valued at $64,065,000 after purchasing an additional 194,949 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Alerian MLP ETF by 1.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,113,670 shares of the exchange traded fund’s stock worth $54,414,000 after purchasing an additional 14,538 shares in the last quarter.
Alerian MLP ETF Price Performance
AMLP stock opened at $47.04 on Friday. The firm has a market cap of $10.32 billion, a PE ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a 12 month low of $43.75 and a 12 month high of $53.24. The firm has a 50 day simple moving average of $46.94 and a 200 day simple moving average of $48.07.
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.
Featured Stories
- Five stocks we like better than Alerian MLP ETF
- Using the MarketBeat Dividend Tax Calculator
- Getting Defensive: 3 Dividend Payers Reporting Strong Q3 Earnings
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Why Investors Shouldn’t Fear the Dip in Microsoft Stock
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- DigitalOcean’s Tide Has Turned: Get Ready to Ride the Wave
Want to see what other hedge funds are holding AMLP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alerian MLP ETF (NYSEARCA:AMLP – Free Report).
Receive News & Ratings for Alerian MLP ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alerian MLP ETF and related companies with MarketBeat.com's FREE daily email newsletter.
