CW Advisors LLC increased its position in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 3.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,722 shares of the exchange traded fund’s stock after buying an additional 2,761 shares during the period. CW Advisors LLC’s holdings in Alerian MLP ETF were worth $4,712,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of the company. Bank of America Corp DE raised its position in shares of Alerian MLP ETF by 16.3% in the fourth quarter. Bank of America Corp DE now owns 8,235,482 shares of the exchange traded fund’s stock valued at $396,621,000 after buying an additional 1,156,735 shares during the last quarter. LPL Financial LLC raised its position in shares of Alerian MLP ETF by 15.6% in the first quarter. LPL Financial LLC now owns 3,238,970 shares of the exchange traded fund’s stock valued at $168,232,000 after buying an additional 437,947 shares during the last quarter. Allen Investment Management LLC raised its position in shares of Alerian MLP ETF by 31.7% in the first quarter. Allen Investment Management LLC now owns 3,080,512 shares of the exchange traded fund’s stock valued at $160,002,000 after buying an additional 740,605 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of Alerian MLP ETF by 18.6% in the first quarter. Raymond James Financial Inc. now owns 2,563,333 shares of the exchange traded fund’s stock valued at $133,140,000 after buying an additional 401,133 shares during the last quarter. Finally, Royal Bank of Canada raised its position in shares of Alerian MLP ETF by 5.5% in the fourth quarter. Royal Bank of Canada now owns 1,813,608 shares of the exchange traded fund’s stock valued at $87,343,000 after buying an additional 94,164 shares during the last quarter.
Alerian MLP ETF Price Performance
NYSEARCA:AMLP opened at $48.27 on Friday. The firm has a 50 day simple moving average of $48.79 and a 200-day simple moving average of $49.36. The firm has a market cap of $10.37 billion, a PE ratio of 14.17 and a beta of 1.42. Alerian MLP ETF has a 1-year low of $43.75 and a 1-year high of $53.24.
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.
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