Disciplined Equity Management Inc. Acquires Shares of 2,570 Alerian MLP ETF (NYSEARCA:AMLP)

Disciplined Equity Management Inc. acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP) during the fourth quarter, HoldingsChannel reports. The firm acquired 2,570 shares of the exchange traded fund’s stock, valued at approximately $109,000.

A number of other institutional investors also recently bought and sold shares of AMLP. TIAA Trust National Association purchased a new stake in shares of Alerian MLP ETF in the third quarter valued at about $42,485,000. International Assets Investment Management LLC boosted its holdings in shares of Alerian MLP ETF by 3,469.7% in the fourth quarter. International Assets Investment Management LLC now owns 1,015,120 shares of the exchange traded fund’s stock valued at $431,630,000 after acquiring an additional 986,683 shares in the last quarter. Wright Fund Management LLC purchased a new stake in shares of Alerian MLP ETF in the third quarter valued at about $37,355,000. Ameriprise Financial Inc. boosted its holdings in shares of Alerian MLP ETF by 58.4% in the third quarter. Ameriprise Financial Inc. now owns 1,030,729 shares of the exchange traded fund’s stock valued at $43,522,000 after acquiring an additional 380,025 shares in the last quarter. Finally, Advisors Preferred LLC purchased a new stake in shares of Alerian MLP ETF in the third quarter valued at about $10,598,000.

Alerian MLP ETF Trading Up 0.5 %

Shares of NYSEARCA:AMLP traded up $0.23 during midday trading on Wednesday, hitting $47.50. The stock had a trading volume of 1,428,582 shares, compared to its average volume of 1,265,061. The company has a market capitalization of $8.46 billion, a PE ratio of 12.87 and a beta of 0.51. Alerian MLP ETF has a 1 year low of $37.06 and a 1 year high of $48.48. The stock has a 50 day moving average price of $46.60 and a two-hundred day moving average price of $44.18.

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.