Nomura Asset Management Co. Ltd. Sells 97,600 Shares of Alerian MLP ETF $AMLP

Nomura Asset Management Co. Ltd. lowered its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 20.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 371,900 shares of the exchange traded fund’s stock after selling 97,600 shares during the quarter. Nomura Asset Management Co. Ltd. owned about 0.17% of Alerian MLP ETF worth $17,487,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of AMLP. Northwestern Mutual Wealth Management Co. lifted its stake in Alerian MLP ETF by 14,563.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,289,345 shares of the exchange traded fund’s stock valued at $60,625,000 after buying an additional 1,280,552 shares in the last quarter. Orion Porfolio Solutions LLC lifted its position in shares of Alerian MLP ETF by 326.3% in the second quarter. Orion Porfolio Solutions LLC now owns 1,039,696 shares of the exchange traded fund’s stock worth $50,800,000 after purchasing an additional 795,787 shares in the last quarter. Assetmark Inc. lifted its position in shares of Alerian MLP ETF by 1,024.7% in the third quarter. Assetmark Inc. now owns 716,978 shares of the exchange traded fund’s stock worth $33,648,000 after purchasing an additional 653,230 shares in the last quarter. US Bancorp DE lifted its position in shares of Alerian MLP ETF by 57.6% in the third quarter. US Bancorp DE now owns 1,197,958 shares of the exchange traded fund’s stock worth $56,220,000 after purchasing an additional 437,947 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in shares of Alerian MLP ETF by 1,508.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 406,459 shares of the exchange traded fund’s stock worth $19,116,000 after purchasing an additional 381,190 shares in the last quarter.

Alerian MLP ETF Stock Up 1.1%

Shares of AMLP stock opened at $52.19 on Tuesday. The company’s fifty day simple moving average is $52.89 and its 200-day simple moving average is $50.49. The firm has a market cap of $12.17 billion, a PE ratio of 14.17 and a beta of 0.52. Alerian MLP ETF has a 12 month low of $44.64 and a 12 month high of $55.22.

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).