Alerian MLP ETF (NYSEARCA:AMLP) Holdings Lowered by First PREMIER Bank

First PREMIER Bank trimmed its position in Alerian MLP ETF (NYSEARCA:AMLP) by 1.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,859 shares of the exchange traded fund’s stock after selling 363 shares during the period. First PREMIER Bank’s holdings in Alerian MLP ETF were worth $1,246,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Park Avenue Securities LLC raised its position in shares of Alerian MLP ETF by 38.8% during the fourth quarter. Park Avenue Securities LLC now owns 32,525 shares of the exchange traded fund’s stock worth $1,566,000 after purchasing an additional 9,088 shares during the period. Farther Finance Advisors LLC increased its stake in Alerian MLP ETF by 532.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 19,668 shares of the exchange traded fund’s stock worth $927,000 after purchasing an additional 16,560 shares in the last quarter. Advisors Asset Management Inc. acquired a new stake in Alerian MLP ETF during the 3rd quarter worth about $65,000. Regency Capital Management Inc. DE boosted its holdings in shares of Alerian MLP ETF by 173.7% in the third quarter. Regency Capital Management Inc. DE now owns 98,179 shares of the exchange traded fund’s stock worth $4,627,000 after buying an additional 62,304 shares during the period. Finally, Silver Lake Advisory LLC acquired a new position in shares of Alerian MLP ETF in the second quarter worth about $236,000.

Alerian MLP ETF Price Performance

AMLP stock opened at $51.95 on Thursday. The firm has a market capitalization of $9.34 billion, a P/E ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52-week low of $43.02 and a 52-week high of $52.82. The company’s 50 day simple moving average is $49.27 and its 200-day simple moving average is $47.96.

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.