Capital Advisors Ltd. LLC boosted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 8.7% during the first quarter, HoldingsChannel reports. The fund owned 18,079 shares of the exchange traded fund’s stock after purchasing an additional 1,454 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Alerian MLP ETF were worth $858,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. First United Bank & Trust bought a new stake in shares of Alerian MLP ETF in the 4th quarter worth $35,000. ICA Group Wealth Management LLC purchased a new position in Alerian MLP ETF during the fourth quarter worth about $38,000. McGlone Suttner Wealth Management Inc. bought a new position in shares of Alerian MLP ETF in the fourth quarter worth approximately $39,000. Friedenthal Financial purchased a new stake in shares of Alerian MLP ETF during the 4th quarter valued at $54,000. Finally, Eagle Bay Advisors LLC bought a new stake in shares of Alerian MLP ETF during the 4th quarter worth $56,000.
Alerian MLP ETF Stock Performance
AMLP traded up $0.08 during trading on Tuesday, reaching $48.25. The stock had a trading volume of 940,017 shares, compared to its average volume of 1,245,108. The business has a 50-day moving average of $46.61 and a 200-day moving average of $45.55. Alerian MLP ETF has a one year low of $38.88 and a one year high of $48.53. The stock has a market cap of $8.68 billion, a PE ratio of 13.08 and a beta of 0.48.
About Alerian MLP ETF
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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