Alerian MLP ETF $AMLP Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans increased its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 1,508.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 406,459 shares of the exchange traded fund’s stock after purchasing an additional 381,190 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Alerian MLP ETF were worth $19,116,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. J2 Capital Management Inc raised its holdings in Alerian MLP ETF by 4.2% during the fourth quarter. J2 Capital Management Inc now owns 5,348 shares of the exchange traded fund’s stock worth $251,000 after purchasing an additional 218 shares during the last quarter. CWA Asset Management Group LLC increased its position in Alerian MLP ETF by 1.1% during the fourth quarter. CWA Asset Management Group LLC now owns 19,438 shares of the exchange traded fund’s stock worth $914,000 after buying an additional 220 shares in the last quarter. Shepherd Kaplan Krochuk LLC increased its position in Alerian MLP ETF by 2.2% during the third quarter. Shepherd Kaplan Krochuk LLC now owns 10,866 shares of the exchange traded fund’s stock worth $510,000 after buying an additional 237 shares in the last quarter. Private Advisory Group LLC increased its position in Alerian MLP ETF by 5.6% during the third quarter. Private Advisory Group LLC now owns 4,524 shares of the exchange traded fund’s stock worth $212,000 after buying an additional 239 shares in the last quarter. Finally, Bogart Wealth LLC increased its position in Alerian MLP ETF by 4.4% during the fourth quarter. Bogart Wealth LLC now owns 5,721 shares of the exchange traded fund’s stock worth $269,000 after buying an additional 242 shares in the last quarter.

Alerian MLP ETF Stock Performance

Alerian MLP ETF stock opened at $54.05 on Monday. The stock has a fifty day moving average of $52.64 and a two-hundred day moving average of $49.98. The company has a market capitalization of $12.61 billion, a price-to-earnings ratio of 14.17 and a beta of 0.52. Alerian MLP ETF has a fifty-two week low of $44.64 and a fifty-two week high of $54.33.

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. 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).