Hilltop National Bank Takes Position in Alerian MLP ETF $AMLP

Hilltop National Bank acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 4,300 shares of the exchange traded fund’s stock, valued at approximately $210,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Nova Wealth Management Inc. acquired a new stake in Alerian MLP ETF in the 2nd quarter valued at about $28,000. Headlands Technologies LLC acquired a new stake in Alerian MLP ETF during the first quarter valued at approximately $31,000. Golden State Wealth Management LLC acquired a new stake in Alerian MLP ETF during the first quarter valued at approximately $34,000. Copia Wealth Management acquired a new stake in Alerian MLP ETF during the first quarter valued at approximately $38,000. Finally, Independence Bank of Kentucky lifted its position in shares of Alerian MLP ETF by 517.5% during the 2nd quarter. Independence Bank of Kentucky now owns 988 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 828 shares during the last quarter.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA:AMLP opened at $46.64 on Friday. Alerian MLP ETF has a one year low of $43.75 and a one year high of $53.24. The stock has a fifty day moving average of $48.11 and a 200-day moving average of $48.59. The company has a market capitalization of $10.24 billion, a PE ratio of 14.17 and a beta of 1.42.

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.