Traders Purchase High Volume of Alerian MLP ETF Call Options (NYSEARCA:AMLP)

Alerian MLP ETF (NYSEARCA:AMLP) was the recipient of some unusual options trading activity on Friday. Investors bought 6,170 call options on the stock. This is an increase of 429% compared to the average daily volume of 1,166 call options.

Alerian MLP ETF Stock Performance

Alerian MLP ETF stock opened at $48.03 on Friday. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $53.24. The stock has a market cap of $10.76 billion, a P/E ratio of 14.17 and a beta of 0.70. The firm’s fifty day moving average price is $47.15 and its 200-day moving average price is $47.62.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of AMLP. Brighton Jones LLC grew its stake in Alerian MLP ETF by 19.4% in the 4th quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock worth $2,157,000 after buying an additional 7,280 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its holdings in shares of Alerian MLP ETF by 36.7% during the 1st quarter. Ashton Thomas Private Wealth LLC now owns 16,819 shares of the exchange traded fund’s stock worth $874,000 after acquiring an additional 4,516 shares during the last quarter. Focus Partners Wealth grew its position in Alerian MLP ETF by 4.8% in the first quarter. Focus Partners Wealth now owns 100,912 shares of the exchange traded fund’s stock worth $5,241,000 after acquiring an additional 4,642 shares in the last quarter. WBI Investments LLC grew its position in Alerian MLP ETF by 9.0% in the first quarter. WBI Investments LLC now owns 10,979 shares of the exchange traded fund’s stock worth $570,000 after acquiring an additional 910 shares in the last quarter. Finally, Invst LLC increased its stake in Alerian MLP ETF by 27.3% in the first quarter. Invst LLC now owns 11,012 shares of the exchange traded fund’s stock valued at $572,000 after acquiring an additional 2,359 shares during the last quarter.

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. 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).