Bank of Montreal Can Acquires 1,103 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Bank of Montreal Can grew its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 7.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,463 shares of the exchange traded fund’s stock after buying an additional 1,103 shares during the quarter. Bank of Montreal Can’s holdings in Alerian MLP ETF were worth $745,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Westside Investment Management Inc. boosted its position in Alerian MLP ETF by 3.4% during the third quarter. Westside Investment Management Inc. now owns 27,673 shares of the exchange traded fund’s stock valued at $1,304,000 after purchasing an additional 911 shares during the last quarter. World Investment Advisors LLC boosted its holdings in shares of Alerian MLP ETF by 0.6% in the 3rd quarter. World Investment Advisors LLC now owns 55,266 shares of the exchange traded fund’s stock valued at $2,605,000 after buying an additional 340 shares during the last quarter. Synovus Financial Corp grew its stake in shares of Alerian MLP ETF by 7.2% in the third quarter. Synovus Financial Corp now owns 29,615 shares of the exchange traded fund’s stock valued at $1,396,000 after buying an additional 1,986 shares in the last quarter. Legacy Wealth Management LLC MS acquired a new position in Alerian MLP ETF during the third quarter worth $222,000. Finally, SMART Wealth LLC raised its position in Alerian MLP ETF by 12.3% during the third quarter. SMART Wealth LLC now owns 70,004 shares of the exchange traded fund’s stock worth $3,299,000 after acquiring an additional 7,643 shares in the last quarter.

Alerian MLP ETF Price Performance

Shares of AMLP opened at $48.64 on Friday. The company has a market cap of $10.08 billion, a PE ratio of 14.02 and a beta of 0.99. The firm has a 50-day moving average of $50.33 and a 200-day moving average of $49.51. Alerian MLP ETF has a one year low of $43.75 and a one year high of $53.24.

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.