Prospera Financial Services Inc cut its position in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 3.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 308,582 shares of the exchange traded fund’s stock after selling 9,703 shares during the quarter. Prospera Financial Services Inc owned about 0.14% of Alerian MLP ETF worth $14,510,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. REAP Financial Group LLC increased its stake in Alerian MLP ETF by 2,000.0% during the third quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 500 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new stake in Alerian MLP ETF during the fourth quarter worth about $43,000. Whittier Trust Co. of Nevada Inc. increased its stake in 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 acquiring an additional 1,000 shares during the last quarter. BROOKFIELD Corp ON acquired a new stake in Alerian MLP ETF during the second quarter worth about $65,000. Finally, First Horizon Corp increased its stake in 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 acquiring an additional 1,190 shares during the last quarter.
Alerian MLP ETF Price Performance
Shares of NYSEARCA:AMLP opened at $54.52 on Friday. The firm has a market capitalization of $12.72 billion, a PE ratio of 14.17 and a beta of 0.52. The business has a 50-day moving average of $52.85 and a two-hundred day moving average of $50.23. Alerian MLP ETF has a 12 month low of $44.64 and a 12 month 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).
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