TIAA Trust National Association Sells 36,438 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

TIAA Trust National Association lowered its stake in shares of Alerian MLP ETF (NYSEARCA:AMLPFree Report) by 3.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 970,319 shares of the exchange traded fund’s stock after selling 36,438 shares during the period. TIAA Trust National Association’s holdings in Alerian MLP ETF were worth $41,258,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Sanctuary Wealth Management L.L.C. purchased a new stake in shares of Alerian MLP ETF during the 4th quarter valued at $29,000. Provence Wealth Management Group purchased a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at $31,000. Tower Research Capital LLC TRC raised its position in shares of Alerian MLP ETF by 8,000.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 810 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 800 shares in the last quarter. ICA Group Wealth Management LLC purchased a new stake in shares of Alerian MLP ETF during the 4th quarter valued at $34,000. Finally, Ancora Advisors LLC raised its position in shares of Alerian MLP ETF by 114.3% during the 1st quarter. Ancora Advisors LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 640 shares in the last quarter.

Alerian MLP ETF Stock Up 0.6 %

Shares of NYSEARCA:AMLP opened at $47.76 on Wednesday. The stock has a market cap of $7.82 billion, a PE ratio of 13.30 and a beta of 1.42. The company’s fifty day moving average is $45.68 and its 200 day moving average is $43.60. Alerian MLP ETF has a 52 week low of $37.06 and a 52 week high of $47.83.

Alerian MLP ETF Company Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Alerian MLP ETF (NYSEARCA:AMLP)

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