Alerian MLP ETF $AMLP Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 10.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 549,908 shares of the exchange traded fund’s stock after purchasing an additional 52,941 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Alerian MLP ETF were worth $28,947,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in AMLP. Evexia Wealth LLC lifted its position in shares of Alerian MLP ETF by 76.6% during the 4th quarter. Evexia Wealth LLC now owns 34,676 shares of the exchange traded fund’s stock valued at $1,703,000 after acquiring an additional 15,039 shares during the period. Citigroup Inc. increased its stake in Alerian MLP ETF by 19.1% in the 3rd quarter. Citigroup Inc. now owns 163,874 shares of the exchange traded fund’s stock valued at $7,691,000 after purchasing an additional 26,242 shares in the last quarter. Hollow Brook Wealth Management LLC acquired a new position in Alerian MLP ETF during the third quarter worth $817,000. Chickasaw Capital Management LLC purchased a new stake in Alerian MLP ETF during the fourth quarter worth $449,000. Finally, Sanctuary Advisors LLC boosted its position in Alerian MLP ETF by 20.3% during the fourth quarter. Sanctuary Advisors LLC now owns 184,231 shares of the exchange traded fund’s stock worth $8,663,000 after purchasing an additional 31,089 shares in the last quarter.

Alerian MLP ETF Stock Up 0.5%

Shares of AMLP stock opened at $51.71 on Tuesday. The stock has a market cap of $12.06 billion, a P/E ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a fifty-two week low of $44.64 and a fifty-two week high of $55.22. The business has a fifty day simple moving average of $52.54 and a 200-day simple moving average of $51.13.

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. 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).