Alerian MLP ETF $AMLP Shares Acquired by J.Safra Asset Management Corp

J.Safra Asset Management Corp increased its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 99.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,941 shares of the exchange traded fund’s stock after buying an additional 18,933 shares during the period. J.Safra Asset Management Corp’s holdings in Alerian MLP ETF were worth $1,781,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mid American Wealth Advisory Group Inc. acquired a new stake in Alerian MLP ETF during the 2nd quarter valued at approximately $29,000. Manchester Capital Management LLC acquired a new position in Alerian MLP ETF in the second quarter worth about $29,000. GAMMA Investing LLC increased its holdings in Alerian MLP ETF by 213.9% in the third quarter. GAMMA Investing LLC now owns 653 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 445 shares during the last quarter. Crews Bank & Trust acquired a new stake in Alerian MLP ETF during the second quarter valued at approximately $39,000. Finally, MJT & Associates Financial Advisory Group Inc. lifted its holdings in Alerian MLP ETF by 136.3% during the 3rd quarter. MJT & Associates Financial Advisory Group Inc. now owns 945 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 545 shares during the last quarter.

Alerian MLP ETF Trading Up 0.4%

AMLP stock opened at $49.32 on Friday. Alerian MLP ETF has a 12-month low of $43.75 and a 12-month high of $53.24. The stock’s 50 day simple moving average is $47.37 and its 200 day simple moving average is $47.63. The firm has a market cap of $11.01 billion, a P/E ratio of 14.17 and a beta of 0.70.

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).