Alerian MLP ETF Target of Unusually Large Options Trading (NYSEARCA:AMLP)

Alerian MLP ETF (NYSEARCA:AMLPGet Free Report) was the recipient of unusually large options trading on Tuesday. Traders acquired 8,045 put options on the stock. This represents an increase of approximately 653% compared to the typical volume of 1,069 put options.

Institutional Trading of Alerian MLP ETF

Several hedge funds have recently bought and sold shares of the stock. Ashton Thomas Securities LLC bought a new stake in Alerian MLP ETF during the 3rd quarter valued at approximately $28,000. City State Bank purchased a new position in shares of Alerian MLP ETF in the fourth quarter valued at $40,000. Massmutual Trust Co. FSB ADV bought a new stake in shares of Alerian MLP ETF in the 3rd quarter worth about $40,000. ORG Wealth Partners LLC bought a new stake in shares of Alerian MLP ETF in the 3rd quarter valued at approximately $41,000. Finally, Advisors Asset Management Inc. purchased a new position in shares of Alerian MLP ETF in the 3rd quarter worth approximately $65,000.

Alerian MLP ETF Stock Performance

Shares of AMLP stock traded up $0.27 on Tuesday, reaching $52.58. The stock had a trading volume of 343,384 shares, compared to its average volume of 1,776,006. The company has a 50 day simple moving average of $49.80 and a 200 day simple moving average of $48.14. The stock has a market cap of $9.46 billion, a P/E ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 1 year low of $43.02 and a 1 year high of $52.82.

Alerian MLP ETF Company Profile

(Get Free Report)

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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