24,004 Shares in Alerian MLP ETF (NYSEARCA:AMLP) Acquired by Saxon Interests Inc.

Saxon Interests Inc. acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 24,004 shares of the exchange traded fund’s stock, valued at approximately $1,021,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Sanctuary Wealth Management L.L.C. acquired a new stake in shares of Alerian MLP ETF in the 4th quarter worth $29,000. Provence Wealth Management Group acquired a new position in shares of Alerian MLP ETF in the third quarter valued at approximately $31,000. Tower Research Capital LLC TRC lifted its stake in shares of Alerian MLP ETF by 8,000.0% during the second quarter. Tower Research Capital LLC TRC now owns 810 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 800 shares in the last quarter. ICA Group Wealth Management LLC purchased a new position in shares of Alerian MLP ETF in the fourth quarter valued at $34,000. Finally, Ancora Advisors LLC increased its position in shares of Alerian MLP ETF by 114.3% during the first quarter. Ancora Advisors LLC now owns 1,200 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 640 shares during the last quarter.

Alerian MLP ETF Stock Up 0.8 %

Shares of AMLP traded up $0.37 during mid-day trading on Friday, reaching $47.46. The company’s stock had a trading volume of 1,159,708 shares, compared to its average volume of 1,244,244. The company has a market cap of $7.77 billion, a price-to-earnings ratio of 13.30 and a beta of 1.42. Alerian MLP ETF has a 1 year low of $37.06 and a 1 year high of $47.55. The business has a fifty day moving average of $45.41 and a 200 day moving average of $43.45.

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.