LPL Financial LLC lowered its holdings in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 1.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,118,732 shares of the exchange traded fund’s stock after selling 53,996 shares during the period. LPL Financial LLC owned approximately 1.38% of Alerian MLP ETF worth $146,643,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of AMLP. Flagship Harbor Advisors LLC bought a new stake in shares of Alerian MLP ETF during the 4th quarter worth approximately $43,000. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Alerian MLP ETF by 800.0% during the 4th 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 period. Palladiem LLC bought a new stake in shares of Alerian MLP ETF during the 4th quarter worth approximately $60,000. BROOKFIELD Corp ON bought a new stake in shares of Alerian MLP ETF during the 2nd quarter worth approximately $65,000. Finally, First Horizon Corp lifted its holdings in shares of Alerian MLP ETF by 396.7% during the 4th 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 period.
Alerian MLP ETF Trading Up 1.2%
Shares of Alerian MLP ETF stock opened at $52.77 on Thursday. The company has a 50 day moving average of $52.79 and a 200-day moving average of $50.79. Alerian MLP ETF has a 1-year low of $44.64 and a 1-year high of $55.22. The company has a market cap of $12.31 billion, a PE ratio of 14.17 and a beta of 0.50.
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).
Read More
- Five stocks we like better than Alerian MLP ETF
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
- Intel Is the Market’s Most Mispriced AI Hedge
- The Biggest Opportunity From SpaceX’s IPO May Surprise You
Receive News & Ratings for Alerian MLP ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alerian MLP ETF and related companies with MarketBeat.com's FREE daily email newsletter.
