Moloney Securities Asset Management LLC reduced its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 52.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,250 shares of the exchange traded fund’s stock after selling 8,040 shares during the period. Moloney Securities Asset Management LLC’s holdings in Alerian MLP ETF were worth $349,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Hilton Capital Management LLC purchased a new stake in Alerian MLP ETF during the third quarter worth about $31,562,000. EP Wealth Advisors LLC boosted its stake in shares of Alerian MLP ETF by 10,423.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 511,442 shares of the exchange traded fund’s stock worth $24,104,000 after acquiring an additional 506,582 shares in the last quarter. School Employees Retirement Board of Ohio acquired a new stake in shares of Alerian MLP ETF in the 3rd quarter worth approximately $14,643,000. LPL Financial LLC increased its stake in Alerian MLP ETF by 13.0% in the 3rd quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock valued at $113,110,000 after purchasing an additional 275,254 shares in the last quarter. Finally, Crescent Grove Advisors LLC acquired a new position in Alerian MLP ETF during the fourth quarter worth $12,868,000.
Alerian MLP ETF Stock Performance
Alerian MLP ETF stock opened at $52.63 on Tuesday. Alerian MLP ETF has a fifty-two week low of $43.29 and a fifty-two week high of $53.24. The firm has a market capitalization of $9.47 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The stock’s fifty day moving average is $50.01 and its two-hundred day moving average is $48.28.
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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