Graypoint LLC grew its holdings in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 121.8% during the 4th quarter, Holdings Channel reports. The fund owned 39,966 shares of the exchange traded fund’s stock after buying an additional 21,946 shares during the period. Graypoint LLC’s holdings in Alerian MLP ETF were worth $1,925,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in AMLP. Ashton Thomas Securities LLC bought a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at $28,000. Massmutual Trust Co. FSB ADV bought a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at $40,000. ORG Wealth Partners LLC bought a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at $41,000. Advisors Asset Management Inc. bought a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at $65,000. Finally, Rosenberg Matthew Hamilton raised its position in shares of Alerian MLP ETF by 803.5% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,545 shares of the exchange traded fund’s stock valued at $73,000 after purchasing an additional 1,374 shares during the period.
Alerian MLP ETF Price Performance
Shares of AMLP stock opened at $49.18 on Friday. The company has a market capitalization of $8.85 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a one year low of $42.25 and a one year high of $51.47. The company’s fifty day moving average price is $48.66 and its 200-day moving average price is $47.77.
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.
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