Bank of New York Mellon Corp Buys 433 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Bank of New York Mellon Corp boosted its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 6.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,285 shares of the exchange traded fund’s stock after purchasing an additional 433 shares during the quarter. Bank of New York Mellon Corp’s holdings in Alerian MLP ETF were worth $350,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. DDFG Inc boosted its stake in shares of Alerian MLP ETF by 6.2% during the fourth quarter. DDFG Inc now owns 13,630 shares of the exchange traded fund’s stock valued at $580,000 after purchasing an additional 798 shares in the last quarter. Trexquant Investment LP grew its holdings in Alerian MLP ETF by 7.6% during the 4th quarter. Trexquant Investment LP now owns 11,287 shares of the exchange traded fund’s stock worth $480,000 after acquiring an additional 798 shares during the last quarter. Orion Portfolio Solutions LLC raised its stake in shares of Alerian MLP ETF by 1.6% during the fourth quarter. Orion Portfolio Solutions LLC now owns 38,045 shares of the exchange traded fund’s stock valued at $1,630,000 after acquiring an additional 612 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in shares of Alerian MLP ETF by 1.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 56,522 shares of the exchange traded fund’s stock worth $2,403,000 after purchasing an additional 824 shares during the period. Finally, Stifel Financial Corp grew its stake in shares of Alerian MLP ETF by 0.6% in the fourth quarter. Stifel Financial Corp now owns 936,344 shares of the exchange traded fund’s stock worth $39,813,000 after purchasing an additional 5,865 shares during the last quarter.

Alerian MLP ETF Stock Down 0.4 %

NYSEARCA AMLP opened at $47.29 on Thursday. The company has a market capitalization of $8.51 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a twelve month low of $40.03 and a twelve month high of $49.44. The stock has a fifty day simple moving average of $47.05 and a 200 day simple moving average of $47.00.

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.