Alerian MLP ETF $AMLP Shares Bought by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 6.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 882,651 shares of the exchange traded fund’s stock after purchasing an additional 56,516 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned approximately 0.38% of Alerian MLP ETF worth $46,463,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of Alerian MLP ETF by 14,563.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,289,345 shares of the exchange traded fund’s stock worth $60,625,000 after buying an additional 1,280,552 shares during the period. Orion Porfolio Solutions LLC grew its stake in Alerian MLP ETF by 326.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,039,696 shares of the exchange traded fund’s stock valued at $50,800,000 after acquiring an additional 795,787 shares during the period. EP Wealth Advisors LLC purchased a new stake in Alerian MLP ETF in the 4th quarter worth $24,371,000. Quadrature Capital Ltd increased its holdings in Alerian MLP ETF by 709.1% in the 4th quarter. Quadrature Capital Ltd now owns 476,492 shares of the exchange traded fund’s stock worth $22,405,000 after acquiring an additional 417,602 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its position in Alerian MLP ETF by 1,508.5% during the fourth quarter. Thrivent Financial for Lutherans now owns 406,459 shares of the exchange traded fund’s stock worth $19,116,000 after acquiring an additional 381,190 shares during the period.

Alerian MLP ETF Stock Performance

NYSEARCA:AMLP opened at $52.70 on Monday. The stock has a market capitalization of $12.41 billion, a PE ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a fifty-two week low of $44.64 and a fifty-two week high of $55.22. The company has a fifty day moving average of $52.62 and a two-hundred day moving average of $51.46.

Alerian MLP ETF 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).