Alerian MLP ETF $AMLP Shares Purchased by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. increased its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 6.8% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 882,651 shares of the exchange traded fund’s stock after purchasing an additional 56,516 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Alerian MLP ETF were worth $46,463,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Mayfair Advisory Group LLC boosted its stake in Alerian MLP ETF by 3.4% during the 1st quarter. Mayfair Advisory Group LLC now owns 6,079 shares of the exchange traded fund’s stock worth $320,000 after purchasing an additional 200 shares during the last quarter. J2 Capital Management Inc raised its position in shares of Alerian MLP ETF by 4.2% in the fourth quarter. J2 Capital Management Inc now owns 5,348 shares of the exchange traded fund’s stock valued at $251,000 after buying an additional 218 shares during the last quarter. CWA Asset Management Group LLC raised its position in shares of Alerian MLP ETF by 1.1% in the fourth quarter. CWA Asset Management Group LLC now owns 19,438 shares of the exchange traded fund’s stock valued at $914,000 after buying an additional 220 shares during the last quarter. Bogart Wealth LLC lifted its stake in shares of Alerian MLP ETF by 4.4% in the fourth quarter. Bogart Wealth LLC now owns 5,721 shares of the exchange traded fund’s stock worth $269,000 after buying an additional 242 shares in the last quarter. Finally, Auour Investments LLC lifted its stake in shares of Alerian MLP ETF by 1.4% in the fourth quarter. Auour Investments LLC now owns 18,975 shares of the exchange traded fund’s stock worth $892,000 after buying an additional 254 shares in the last quarter.

Alerian MLP ETF Stock Performance

AMLP opened at $52.70 on Monday. The firm has a market capitalization of $12.41 billion, a PE ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a twelve month low of $44.64 and a twelve month high of $55.22. The firm’s 50-day moving average price is $52.62 and its 200 day moving average price is $51.46.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).