Alerian MLP ETF (NYSEARCA:AMLP) Position Increased by Sfmg LLC

Sfmg LLC raised its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 25.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,750 shares of the exchange traded fund’s stock after buying an additional 2,400 shares during the quarter. Sfmg LLC’s holdings in Alerian MLP ETF were worth $500,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Moneta Group Investment Advisors LLC lifted its stake in Alerian MLP ETF by 270,500.9% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 16,135,934 shares of the exchange traded fund’s stock valued at $614,295,000 after buying an additional 16,129,971 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Alerian MLP ETF by 54.9% during the first quarter. Goldman Sachs Group Inc. now owns 14,607,500 shares of the exchange traded fund’s stock valued at $559,467,000 after buying an additional 5,174,427 shares in the last quarter. Cowa LLC lifted its stake in Alerian MLP ETF by 10,043.4% during the first quarter. Cowa LLC now owns 5,232,801 shares of the exchange traded fund’s stock valued at $2,004,000 after buying an additional 5,181,213 shares in the last quarter. UBS Group AG lifted its stake in Alerian MLP ETF by 4.7% during the third quarter. UBS Group AG now owns 2,884,519 shares of the exchange traded fund’s stock valued at $121,727,000 after buying an additional 129,611 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of Alerian MLP ETF by 3.6% in the 2nd quarter. Royal Bank of Canada now owns 1,530,869 shares of the exchange traded fund’s stock valued at $60,025,000 after purchasing an additional 53,003 shares during the period.

Alerian MLP ETF Price Performance

Shares of AMLP opened at $45.96 on Thursday. The company has a market capitalization of $8.18 billion, a price-to-earnings ratio of 12.87 and a beta of 0.51. Alerian MLP ETF has a fifty-two week low of $37.06 and a fifty-two week high of $48.48. The business’s 50-day moving average is $46.25 and its 200-day moving average is $43.96.

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.