WBI Investments LLC Makes New $415,000 Investment in Alerian MLP ETF (NYSEARCA:AMLP)

WBI Investments LLC purchased a new position in shares of Alerian MLP ETF (NYSEARCA:AMLP) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,734 shares of the exchange traded fund’s stock, valued at approximately $415,000.

A number of other institutional investors have also recently bought and sold shares of AMLP. Wells Fargo & Company MN grew its position in shares of Alerian MLP ETF by 14.3% in the fourth quarter. Wells Fargo & Company MN now owns 4,946,698 shares of the exchange traded fund’s stock valued at $210,334,000 after purchasing an additional 619,287 shares during the last quarter. Raymond James & Associates grew its position in shares of Alerian MLP ETF by 10.1% in the first quarter. Raymond James & Associates now owns 1,437,498 shares of the exchange traded fund’s stock valued at $68,224,000 after purchasing an additional 131,689 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Alerian MLP ETF by 6.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,415,927 shares of the exchange traded fund’s stock valued at $60,205,000 after purchasing an additional 87,714 shares during the last quarter. Rational Advisors LLC acquired a new position in shares of Alerian MLP ETF in the first quarter valued at approximately $65,064,000. Finally, 1832 Asset Management L.P. acquired a new position in shares of Alerian MLP ETF in the fourth quarter valued at approximately $51,416,000.

Alerian MLP ETF Stock Down 0.0 %

Shares of Alerian MLP ETF stock traded down $0.01 on Thursday, hitting $48.12. The stock had a trading volume of 735,617 shares, compared to its average volume of 1,226,964. Alerian MLP ETF has a twelve month low of $39.97 and a twelve month high of $48.76. The business’s 50 day moving average is $46.76 and its two-hundred day moving average is $45.82. The stock has a market cap of $8.66 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF 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.