Cullen Frost Bankers Inc. increased its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 12.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 353,135 shares of the exchange traded fund’s stock after purchasing an additional 40,355 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Alerian MLP ETF were worth $3,228,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the stock. North Star Investment Management Corp. lifted its holdings in Alerian MLP ETF by 708.5% in the second quarter. North Star Investment Management Corp. now owns 33,959 shares of the exchange traded fund’s stock valued at $334,000 after buying an additional 29,759 shares during the period. Gamco Investors INC. ET AL acquired a new position in shares of Alerian MLP ETF during the second quarter valued at about $3,495,000. Hyman Charles D raised its holdings in shares of Alerian MLP ETF by 15.0% during the second quarter. Hyman Charles D now owns 23,000 shares of the exchange traded fund’s stock valued at $227,000 after purchasing an additional 3,000 shares during the period. Novare Capital Management LLC raised its holdings in shares of Alerian MLP ETF by 0.7% during the second quarter. Novare Capital Management LLC now owns 213,874 shares of the exchange traded fund’s stock valued at $2,107,000 after purchasing an additional 1,580 shares during the period. Finally, Park Avenue Securities LLC raised its holdings in shares of Alerian MLP ETF by 312.5% during the second quarter. Park Avenue Securities LLC now owns 84,319 shares of the exchange traded fund’s stock valued at $831,000 after purchasing an additional 63,880 shares during the period.
Shares of AMLP traded down $0.03 on Friday, reaching $8.35. The company’s stock had a trading volume of 937,343 shares, compared to its average volume of 15,934,640. Alerian MLP ETF has a twelve month low of $8.27 and a twelve month high of $10.25. The firm has a fifty day moving average of $8.87 and a 200-day moving average of $9.46.
Alerian MLP ETF Company Profile
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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