Tradewinds LLC. Has $2.51 Million Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Tradewinds LLC. raised its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 19.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 53,281 shares of the exchange traded fund’s stock after purchasing an additional 8,815 shares during the quarter. Tradewinds LLC.’s holdings in Alerian MLP ETF were worth $2,511,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Glaxis Capital Management LLC increased its position in shares of Alerian MLP ETF by 166.7% during the third quarter. Glaxis Capital Management LLC now owns 40,000 shares of the exchange traded fund’s stock valued at $1,885,000 after purchasing an additional 25,000 shares during the period. Advisors Asset Management Inc. bought a new stake in Alerian MLP ETF in the 3rd quarter valued at $65,000. Hilton Capital Management LLC bought a new stake in Alerian MLP ETF in the 3rd quarter valued at $31,562,000. Commerce Bank raised its stake in shares of Alerian MLP ETF by 8.9% in the 3rd quarter. Commerce Bank now owns 142,350 shares of the exchange traded fund’s stock valued at $6,709,000 after buying an additional 11,582 shares in the last quarter. Finally, Strategy Asset Managers LLC lifted its holdings in shares of Alerian MLP ETF by 34.5% during the 3rd quarter. Strategy Asset Managers LLC now owns 22,969 shares of the exchange traded fund’s stock worth $1,083,000 after acquiring an additional 5,887 shares during the period.

Alerian MLP ETF Price Performance

Alerian MLP ETF stock opened at $48.49 on Thursday. The business has a 50 day simple moving average of $47.36 and a 200 day simple moving average of $47.09. Alerian MLP ETF has a one year low of $41.06 and a one year high of $49.44. The company has a market capitalization of $8.72 billion, a PE ratio of 13.08 and a beta of 0.48.

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.