Alerian MLP ETF (NYSEARCA:AMLP) Sees Strong Trading Volume

Alerian MLP ETF (NYSEARCA:AMLPGet Rating) shares saw an uptick in trading volume on Friday . 185,664 shares were traded during trading, a decline of 94% from the previous session’s volume of 3,280,649 shares.The stock last traded at $39.56 and had previously closed at $38.84.

Alerian MLP ETF Stock Performance

The company’s 50-day moving average is $37.01 and its 200-day moving average is $37.46.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AMLP. National Bank of Canada FI bought a new stake in shares of Alerian MLP ETF in the 4th quarter valued at about $138,000. Janney Montgomery Scott LLC boosted its position in Alerian MLP ETF by 10.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 150,939 shares of the exchange traded fund’s stock worth $4,942,000 after acquiring an additional 14,625 shares during the last quarter. Bessemer Group Inc. boosted its holdings in shares of Alerian MLP ETF by 965.3% in the 4th quarter. Bessemer Group Inc. now owns 15,415 shares of the exchange traded fund’s stock valued at $505,000 after buying an additional 13,968 shares during the last quarter. National Asset Management Inc. boosted its holdings in shares of Alerian MLP ETF by 62.0% in the 4th quarter. National Asset Management Inc. now owns 17,543 shares of the exchange traded fund’s stock valued at $575,000 after buying an additional 6,711 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in Alerian MLP ETF by 6.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 301,863 shares of the exchange traded fund’s stock valued at $9,883,000 after purchasing an additional 17,334 shares during the last quarter.

About Alerian MLP ETF

(Get Rating)

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.

Further Reading

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