D.A. Davidson & CO. raised its stake in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 11.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 366,812 shares of the exchange traded fund’s stock after purchasing an additional 37,393 shares during the period. D.A. Davidson & CO.’s holdings in Alerian MLP ETF were worth $19,309,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of the stock. Evexia Wealth LLC grew its position in shares of Alerian MLP ETF by 76.6% in the 4th quarter. Evexia Wealth LLC now owns 34,676 shares of the exchange traded fund’s stock worth $1,703,000 after acquiring an additional 15,039 shares in the last quarter. Sanctuary Advisors LLC raised its position in shares of Alerian MLP ETF by 20.3% during the 4th quarter. Sanctuary Advisors LLC now owns 184,231 shares of the exchange traded fund’s stock valued at $8,663,000 after acquiring an additional 31,089 shares in the last quarter. Chickasaw Capital Management LLC acquired a new stake in shares of Alerian MLP ETF during the 4th quarter valued at approximately $449,000. Spirepoint Private Client LLC lifted its stake in Alerian MLP ETF by 14.5% during the fourth quarter. Spirepoint Private Client LLC now owns 373,406 shares of the exchange traded fund’s stock worth $17,558,000 after purchasing an additional 47,217 shares during the last quarter. Finally, Searcy Financial Services Inc. ADV lifted its stake in Alerian MLP ETF by 6.6% during the fourth quarter. Searcy Financial Services Inc. ADV now owns 375,719 shares of the exchange traded fund’s stock worth $17,666,000 after purchasing an additional 23,317 shares during the last quarter.
Alerian MLP ETF Price Performance
Alerian MLP ETF stock opened at $53.95 on Friday. Alerian MLP ETF has a 12 month low of $44.64 and a 12 month high of $55.22. The company has a fifty day moving average price of $52.63 and a two-hundred day moving average price of $51.65. The company has a market cap of $12.72 billion, a PE ratio of 14.17 and a beta of 0.50.
Alerian MLP ETF Company 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).
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