Lmcg Investments LLC raised its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 54.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,336 shares of the exchange traded fund’s stock after purchasing an additional 7,182 shares during the period. Lmcg Investments LLC’s holdings in Alerian MLP ETF were worth $979,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new stake in shares of Alerian MLP ETF in the third quarter valued at about $28,000. Massmutual Trust Co. FSB ADV bought a new stake in Alerian MLP ETF in the third quarter valued at approximately $40,000. City State Bank acquired a new stake in Alerian MLP ETF during the 4th quarter valued at approximately $40,000. ORG Wealth Partners LLC bought a new position in Alerian MLP ETF during the 3rd quarter worth approximately $41,000. Finally, Advisors Asset Management Inc. bought a new position in Alerian MLP ETF during the 3rd quarter worth approximately $65,000.
Alerian MLP ETF Stock Performance
NYSEARCA:AMLP opened at $52.47 on Wednesday. Alerian MLP ETF has a 52 week low of $42.69 and a 52 week high of $52.65. The firm’s fifty day moving average is $49.17 and its 200-day moving average is $47.93. The firm has a market cap of $9.44 billion, a P/E ratio of 13.08 and a beta of 0.48.
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.
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