Alerian MLP ETF (NYSEARCA:AMLP) Holdings Reduced by Crestone Asset Management LLC

Crestone Asset Management LLC lowered its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 14.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 26,864 shares of the exchange traded fund’s stock after selling 4,697 shares during the quarter. Crestone Asset Management LLC’s holdings in Alerian MLP ETF were worth $1,142,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in AMLP. Huntington National Bank grew its stake in Alerian MLP ETF by 4.8% in the 3rd quarter. Huntington National Bank now owns 5,149 shares of the exchange traded fund’s stock valued at $217,000 after buying an additional 237 shares during the last quarter. Raab & Moskowitz Asset Management LLC lifted its position in shares of Alerian MLP ETF by 1.4% during the 4th quarter. Raab & Moskowitz Asset Management LLC now owns 17,592 shares of the exchange traded fund’s stock worth $748,000 after purchasing an additional 244 shares during the last quarter. Lmcg Investments LLC grew its holdings in Alerian MLP ETF by 2.2% in the 3rd quarter. Lmcg Investments LLC now owns 11,987 shares of the exchange traded fund’s stock valued at $506,000 after buying an additional 262 shares during the last quarter. Bison Wealth LLC increased its position in Alerian MLP ETF by 1.6% in the 3rd quarter. Bison Wealth LLC now owns 17,176 shares of the exchange traded fund’s stock worth $725,000 after buying an additional 269 shares during the period. Finally, Walker Asset Management LLC boosted its position in shares of Alerian MLP ETF by 2.1% in the fourth quarter. Walker Asset Management LLC now owns 13,212 shares of the exchange traded fund’s stock valued at $562,000 after acquiring an additional 272 shares during the period.

Alerian MLP ETF Price Performance

AMLP stock traded up $0.31 on Wednesday, reaching $47.90. 1,795,750 shares of the company were exchanged, compared to its average volume of 1,280,432. Alerian MLP ETF has a 12 month low of $37.06 and a 12 month high of $48.48. The stock’s fifty day moving average price is $46.93 and its 200 day moving average price is $44.49. The firm has a market capitalization of $8.62 billion, a PE ratio of 13.08 and a beta of 0.48.

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.