Alerian MLP ETF $AMLP Shares Sold by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. cut its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 7.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,010,723 shares of the exchange traded fund’s stock after selling 603,175 shares during the quarter. Goldman Sachs Group Inc. owned approximately 3.11% of Alerian MLP ETF worth $329,644,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of AMLP. Empirical Asset Management LLC bought a new position in Alerian MLP ETF during the 3rd quarter worth about $735,000. Algorithmic Investment Models LLC grew its stake in shares of Alerian MLP ETF by 21.4% during the 3rd quarter. Algorithmic Investment Models LLC now owns 107,951 shares of the exchange traded fund’s stock worth $5,066,000 after acquiring an additional 19,039 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its stake in shares of Alerian MLP ETF by 79.6% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 47,417 shares of the exchange traded fund’s stock worth $2,225,000 after acquiring an additional 21,021 shares in the last quarter. Evexia Wealth LLC grew its stake in shares of Alerian MLP ETF by 76.6% during the 4th quarter. Evexia Wealth LLC now owns 34,676 shares of the exchange traded fund’s stock worth $1,703,000 after acquiring an additional 15,039 shares in the last quarter. Finally, Citigroup Inc. grew its stake in shares of Alerian MLP ETF by 19.1% during the 3rd quarter. Citigroup Inc. now owns 163,874 shares of the exchange traded fund’s stock worth $7,691,000 after acquiring an additional 26,242 shares in the last quarter.

Alerian MLP ETF Stock Down 0.9%

Shares of AMLP opened at $52.77 on Friday. The stock has a market capitalization of $12.31 billion, a P/E ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a twelve month low of $44.64 and a twelve month high of $55.22. The company has a 50 day moving average of $52.86 and a 200-day moving average of $50.64.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).