Alerian MLP ETF $AMLP Stock Position Increased by Cary Street Partners Financial LLC

Cary Street Partners Financial LLC lifted its position in Alerian MLP ETF (NYSEARCA:AMLP) by 19.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 257,238 shares of the exchange traded fund’s stock after buying an additional 41,186 shares during the period. Cary Street Partners Financial LLC owned approximately 0.11% of Alerian MLP ETF worth $12,095,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of AMLP. REAP Financial Group LLC raised its stake in shares of Alerian MLP ETF by 2,000.0% in the 3rd quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 500 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Alerian MLP ETF during the fourth quarter worth $43,000. Whittier Trust Co. of Nevada Inc. raised its position in shares of Alerian MLP ETF by 800.0% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,125 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 1,000 shares during the period. BROOKFIELD Corp ON acquired a new stake in shares of Alerian MLP ETF during the second quarter worth $65,000. Finally, First Horizon Corp raised its position in shares of Alerian MLP ETF by 396.7% during the fourth quarter. First Horizon Corp now owns 1,490 shares of the exchange traded fund’s stock worth $70,000 after purchasing an additional 1,190 shares during the period.

Alerian MLP ETF Price Performance

Shares of Alerian MLP ETF stock opened at $54.52 on Tuesday. The stock’s fifty day moving average is $52.90 and its 200-day moving average is $50.31. The firm has a market capitalization of $12.72 billion, a PE ratio of 14.17 and a beta of 0.52. Alerian MLP ETF has a 12-month low of $44.64 and a 12-month high of $55.22.

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).