Alerian MLP (NYSE:AMLP) saw some unusual options trading activity on Monday. Stock traders bought 5,000 put options on the company. This represents an increase of 300% compared to the typical volume of 1,251 put options.

A number of institutional investors have recently added to or reduced their stakes in the stock. Wellington Shields & Co. LLC increased its holdings in Alerian MLP by 0.6% in the 2nd quarter. Wellington Shields & Co. LLC now owns 47,344 shares of the exchange traded fund’s stock worth $566,000 after acquiring an additional 282 shares in the last quarter. Tocqueville Asset Management L.P. increased its holdings in Alerian MLP by 5.7% in the 2nd quarter. Tocqueville Asset Management L.P. now owns 13,475 shares of the exchange traded fund’s stock worth $161,000 after acquiring an additional 725 shares in the last quarter. Greenleaf Trust increased its holdings in Alerian MLP by 2.4% in the 2nd quarter. Greenleaf Trust now owns 32,045 shares of the exchange traded fund’s stock worth $383,000 after acquiring an additional 750 shares in the last quarter. Davidson & Garrard Inc. increased its holdings in Alerian MLP by 2.4% in the 2nd quarter. Davidson & Garrard Inc. now owns 42,350 shares of the exchange traded fund’s stock worth $507,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Cutter & CO Brokerage Inc. increased its holdings in Alerian MLP by 4.1% in the 2nd quarter. Cutter & CO Brokerage Inc. now owns 28,220 shares of the exchange traded fund’s stock worth $338,000 after acquiring an additional 1,100 shares in the last quarter.

Alerian MLP (NYSE:AMLP) opened at 11.33 on Thursday. The stock has a 50 day moving average of $11.10 and a 200-day moving average of $11.86. Alerian MLP has a 52-week low of $10.51 and a 52-week high of $13.31.

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About Alerian MLP

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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