UBS Group AG Reduces Position in Alerian MLP ETF $AMLP

UBS Group AG trimmed its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 4.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,082,158 shares of the exchange traded fund’s stock after selling 147,843 shares during the period. UBS Group AG owned about 1.38% of Alerian MLP ETF worth $144,923,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. REAP Financial Group LLC raised its holdings in shares of Alerian MLP ETF by 2,000.0% in the third quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 500 shares during the period. Flagship Harbor Advisors LLC purchased a new position in Alerian MLP ETF during the 4th quarter valued at $43,000. HM Payson & Co. bought a new position in Alerian MLP ETF in the 3rd quarter valued at $47,000. Whittier Trust Co. of Nevada Inc. grew its position in Alerian MLP ETF by 800.0% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,125 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 1,000 shares during the last quarter. Finally, TFC Financial Management Inc. purchased a new stake in Alerian MLP ETF in the third quarter worth $60,000.

Alerian MLP ETF Trading Up 1.9%

NYSEARCA:AMLP opened at $54.12 on Friday. The company has a market cap of $12.62 billion, a price-to-earnings ratio of 14.17 and a beta of 0.56. Alerian MLP ETF has a twelve month low of $44.64 and a twelve month high of $54.20. The stock has a fifty day simple moving average of $52.36 and a 200-day simple moving average of $49.46.

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).