Oxbow Advisors LLC Has $203,000 Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Oxbow Advisors LLC cut its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 95.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,286 shares of the exchange traded fund’s stock after selling 81,364 shares during the period. Oxbow Advisors LLC’s holdings in Alerian MLP ETF were worth $203,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in AMLP. Ameriprise Financial Inc. increased its stake in shares of Alerian MLP ETF by 58.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,030,729 shares of the exchange traded fund’s stock valued at $43,522,000 after acquiring an additional 380,025 shares in the last quarter. Harbour Investments Inc. increased its stake in Alerian MLP ETF by 89.5% during the 3rd quarter. Harbour Investments Inc. now owns 5,125 shares of the exchange traded fund’s stock valued at $216,000 after purchasing an additional 2,421 shares in the last quarter. Invst LLC increased its stake in Alerian MLP ETF by 124.7% during the 3rd quarter. Invst LLC now owns 14,566 shares of the exchange traded fund’s stock valued at $615,000 after purchasing an additional 8,083 shares in the last quarter. Fortis Group Advisors LLC increased its stake in Alerian MLP ETF by 9.1% during the 3rd quarter. Fortis Group Advisors LLC now owns 8,499 shares of the exchange traded fund’s stock valued at $331,000 after purchasing an additional 711 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. increased its stake in Alerian MLP ETF by 33.5% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 65,719 shares of the exchange traded fund’s stock valued at $2,773,000 after purchasing an additional 16,503 shares in the last quarter.

Alerian MLP ETF Stock Performance

AMLP traded up $0.04 during mid-day trading on Friday, reaching $48.33. 214,710 shares of the stock were exchanged, compared to its average volume of 1,225,596. The stock has a market capitalization of $8.69 billion, a PE ratio of 13.08 and a beta of 0.48. The company has a 50 day moving average price of $46.79 and a two-hundred day moving average price of $45.84. Alerian MLP ETF has a 1 year low of $39.97 and a 1 year high of $48.76.

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.