Alerian MLP ETF $AMLP Shares Sold by Quantum Portfolio Management LLC

Quantum Portfolio Management LLC trimmed its position in Alerian MLP ETF (NYSEARCA:AMLP) by 38.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,823 shares of the exchange traded fund’s stock after selling 12,754 shares during the quarter. Quantum Portfolio Management LLC’s holdings in Alerian MLP ETF were worth $1,096,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of AMLP. Global Trust Asset Management LLC lifted its position in Alerian MLP ETF by 600.0% during the first quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 600 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Alerian MLP ETF in the fourth quarter worth $43,000. Whittier Trust Co. of Nevada Inc. increased its position in shares of Alerian MLP ETF by 800.0% in the fourth 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 in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Alerian MLP ETF in the 4th quarter valued at $57,000. Finally, Palladiem LLC acquired a new position in shares of Alerian MLP ETF during the 4th quarter valued at $60,000.

Alerian MLP ETF Trading Up 0.8%

Shares of Alerian MLP ETF stock opened at $53.30 on Thursday. The company has a fifty day moving average price of $52.62 and a 200 day moving average price of $51.38. Alerian MLP ETF has a twelve month low of $44.64 and a twelve month high of $55.22. The stock has a market cap of $12.52 billion, a price-to-earnings 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).