Hancock Whitney Corp Acquires 15,290 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Hancock Whitney Corp increased its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 34.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,570 shares of the exchange traded fund’s stock after buying an additional 15,290 shares during the period. Hancock Whitney Corp’s holdings in Alerian MLP ETF were worth $2,869,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of AMLP. Proficio Capital Partners LLC raised its position in shares of Alerian MLP ETF by 3,928.2% during the 4th quarter. Proficio Capital Partners LLC now owns 16,224,276 shares of the exchange traded fund’s stock valued at $781,361,000 after acquiring an additional 15,821,509 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Alerian MLP ETF during the fourth quarter worth $104,132,000. Wells Fargo & Company MN increased its holdings in Alerian MLP ETF by 19.4% in the fourth quarter. Wells Fargo & Company MN now owns 6,299,345 shares of the exchange traded fund’s stock valued at $303,376,000 after purchasing an additional 1,023,323 shares during the last quarter. LPL Financial LLC increased its holdings in Alerian MLP ETF by 16.7% in the fourth quarter. LPL Financial LLC now owns 2,801,023 shares of the exchange traded fund’s stock valued at $134,897,000 after purchasing an additional 401,061 shares during the last quarter. Finally, Crescent Grove Advisors LLC acquired a new position in Alerian MLP ETF in the fourth quarter valued at about $12,868,000.

Alerian MLP ETF Trading Up 1.8 %

Alerian MLP ETF stock opened at $49.64 on Friday. The firm has a market capitalization of $10.32 billion, a P/E ratio of 13.17 and a beta of 0.99. The business has a 50-day moving average of $50.13 and a 200-day moving average of $49.52. Alerian MLP ETF has a 1 year low of $43.75 and a 1 year high of $53.24.

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.