Private Advisor Group LLC Buys 9,810 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Private Advisor Group LLC grew its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 6.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 169,599 shares of the exchange traded fund’s stock after purchasing an additional 9,810 shares during the quarter. Private Advisor Group LLC’s holdings in Alerian MLP ETF were worth $7,211,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMLP. UBS Group AG raised its stake in Alerian MLP ETF by 4.7% in the third quarter. UBS Group AG now owns 2,884,519 shares of the exchange traded fund’s stock valued at $121,727,000 after buying an additional 129,611 shares during the period. Envestnet Asset Management Inc. grew its stake in Alerian MLP ETF by 8.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,328,213 shares of the exchange traded fund’s stock valued at $56,051,000 after buying an additional 104,779 shares during the last quarter. Raymond James & Associates grew its position in shares of Alerian MLP ETF by 5.1% in the fourth quarter. Raymond James & Associates now owns 1,305,809 shares of the exchange traded fund’s stock valued at $55,523,000 after purchasing an additional 63,053 shares during the last quarter. Allen Investment Management LLC grew its holdings in Alerian MLP ETF by 2.5% in the 3rd quarter. Allen Investment Management LLC now owns 1,096,931 shares of the exchange traded fund’s stock valued at $46,290,000 after buying an additional 27,013 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in Alerian MLP ETF by 58.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,030,729 shares of the exchange traded fund’s stock worth $43,522,000 after buying an additional 380,025 shares during the period.

Alerian MLP ETF Price Performance

Alerian MLP ETF stock traded up $0.01 during midday trading on Wednesday, hitting $47.60. The company’s stock had a trading volume of 190,458 shares, compared to its average volume of 1,262,055. The company has a market cap of $8.56 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 1-year low of $37.06 and a 1-year high of $48.48. The company has a 50-day moving average price of $46.93 and a two-hundred day moving average price of $44.49.

Alerian MLP ETF Company 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.