Fifth Third Bancorp Raises Stake in Alerian MLP ETF $AMLP

Fifth Third Bancorp boosted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 3,787.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 120,554 shares of the exchange traded fund’s stock after acquiring an additional 117,453 shares during the period. Fifth Third Bancorp owned about 0.05% of Alerian MLP ETF worth $6,346,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AMLP. Mayfair Advisory Group LLC grew its stake in shares of Alerian MLP ETF by 3.4% during the first quarter. Mayfair Advisory Group LLC now owns 6,079 shares of the exchange traded fund’s stock worth $320,000 after purchasing an additional 200 shares in the last quarter. J2 Capital Management Inc raised its stake in Alerian MLP ETF by 4.2% in the fourth quarter. J2 Capital Management Inc now owns 5,348 shares of the exchange traded fund’s stock valued at $251,000 after buying an additional 218 shares in the last quarter. CWA Asset Management Group LLC raised its stake in Alerian MLP ETF by 1.1% in the fourth quarter. CWA Asset Management Group LLC now owns 19,438 shares of the exchange traded fund’s stock valued at $914,000 after buying an additional 220 shares in the last quarter. Bogart Wealth LLC lifted its holdings in Alerian MLP ETF by 4.4% during the 4th quarter. Bogart Wealth LLC now owns 5,721 shares of the exchange traded fund’s stock worth $269,000 after buying an additional 242 shares during the last quarter. Finally, Auour Investments LLC lifted its holdings in Alerian MLP ETF by 1.4% during the 4th quarter. Auour Investments LLC now owns 18,975 shares of the exchange traded fund’s stock worth $892,000 after buying an additional 254 shares during the last quarter.

Alerian MLP ETF Stock Performance

NYSEARCA:AMLP opened at $53.95 on Friday. The stock has a 50-day simple moving average of $52.63 and a 200-day simple moving average of $51.65. The stock has a market cap of $12.72 billion, a P/E ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a 1 year low of $44.64 and a 1 year high of $55.22.

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. 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).