17,694 Shares in Alerian MLP ETF $AMLP Acquired by TMB Capital Partners LLC

TMB Capital Partners LLC acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP) during the 4th quarter, HoldingsChannel reports. The firm acquired 17,694 shares of the exchange traded fund’s stock, valued at approximately $832,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Flagship Harbor Advisors LLC bought a new stake in shares of Alerian MLP ETF in the fourth quarter valued at $43,000. Whittier Trust Co. of Nevada Inc. grew its stake in shares of Alerian MLP ETF by 800.0% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,125 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 1,000 shares during the period. Palladiem LLC purchased a new stake in Alerian MLP ETF in the 4th quarter worth about $60,000. BROOKFIELD Corp ON purchased a new stake in Alerian MLP ETF in the 2nd quarter worth about $65,000. Finally, First Horizon Corp increased its holdings in Alerian MLP ETF by 396.7% in the 4th quarter. First Horizon Corp now owns 1,490 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 1,190 shares during the last quarter.

Alerian MLP ETF Stock Performance

Shares of Alerian MLP ETF stock opened at $50.67 on Friday. The stock has a market capitalization of $11.82 billion, a P/E ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a 52-week low of $44.64 and a 52-week high of $55.22. The stock’s 50-day simple moving average is $52.66 and its 200 day simple moving average is $50.96.

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).