JPMorgan Chase & Co. increased its stake in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 22.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 65,240 shares of the exchange traded fund’s stock after purchasing an additional 12,026 shares during the period. JPMorgan Chase & Co.’s holdings in Alerian MLP ETF were worth $3,142,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Capital Investment Advisory Services LLC lifted its holdings in shares of Alerian MLP ETF by 2.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 8,024 shares of the exchange traded fund’s stock worth $386,000 after acquiring an additional 222 shares during the period. Auour Investments LLC lifted its stake in Alerian MLP ETF by 1.4% during the fourth quarter. Auour Investments LLC now owns 17,948 shares of the exchange traded fund’s stock worth $926,000 after purchasing an additional 249 shares during the last quarter. Savant Capital LLC boosted its holdings in shares of Alerian MLP ETF by 1.0% in the 4th quarter. Savant Capital LLC now owns 26,171 shares of the exchange traded fund’s stock valued at $1,260,000 after purchasing an additional 255 shares in the last quarter. Kathleen S. Wright Associates Inc. lifted its position in shares of Alerian MLP ETF by 17.1% during the 4th quarter. Kathleen S. Wright Associates Inc. now owns 1,810 shares of the exchange traded fund’s stock worth $87,000 after buying an additional 264 shares during the last quarter. Finally, GoalVest Advisory LLC boosted its stake in Alerian MLP ETF by 1.1% in the fourth quarter. GoalVest Advisory LLC now owns 24,714 shares of the exchange traded fund’s stock valued at $1,190,000 after buying an additional 271 shares in the last quarter.
Alerian MLP ETF Stock Down 2.1 %
Alerian MLP ETF stock opened at $47.63 on Tuesday. The stock has a market cap of $9.91 billion, a PE ratio of 13.17 and a beta of 0.99. Alerian MLP ETF has a 12-month low of $43.75 and a 12-month high of $53.24. The business’s 50-day moving average price is $50.28 and its two-hundred day moving average price is $49.52.
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.
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