BTG Pactual Asset Management US LLC Sells 9,868 Shares of Alerian MLP ETF $AMLP

BTG Pactual Asset Management US LLC lowered its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 24.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 30,599 shares of the exchange traded fund’s stock after selling 9,868 shares during the quarter. BTG Pactual Asset Management US LLC’s holdings in Alerian MLP ETF were worth $1,587,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Hollencrest Capital Management bought a new stake in shares of Alerian MLP ETF during the 2nd quarter worth approximately $35,000. Global Trust Asset Management LLC boosted its holdings in shares of Alerian MLP ETF by 600.0% in the 1st 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 during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Alerian MLP ETF during the fourth quarter worth $57,000. Palladiem LLC bought a new stake in Alerian MLP ETF during the fourth quarter worth $60,000. Finally, BROOKFIELD Corp ON bought a new stake in Alerian MLP ETF during the second quarter worth $65,000.

Alerian MLP ETF Price Performance

Shares of AMLP opened at $55.24 on Monday. The company has a market cap of $12.98 billion, a PE ratio of 14.17 and a beta of 0.50. The firm has a 50-day moving average of $53.86 and a 200-day moving average of $52.95. Alerian MLP ETF has a one year low of $44.64 and a one year high of $55.66.

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).