Royal Bank of Canada Acquires 154,146 Shares of Alerian MLP ETF $AMLP

Royal Bank of Canada raised its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 6.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,414,295 shares of the exchange traded fund’s stock after acquiring an additional 154,146 shares during the quarter. Royal Bank of Canada owned approximately 1.04% of Alerian MLP ETF worth $127,088,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of Alerian MLP ETF by 14,563.3% during the 4th 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 raised its stake in Alerian MLP ETF by 326.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,039,696 shares of the exchange traded fund’s stock worth $50,800,000 after acquiring an additional 795,787 shares during the period. EP Wealth Advisors LLC purchased a new position in Alerian MLP ETF during the fourth quarter valued at approximately $24,371,000. Quadrature Capital Ltd boosted its position in shares of Alerian MLP ETF by 709.1% in the fourth quarter. Quadrature Capital Ltd now owns 476,492 shares of the exchange traded fund’s stock worth $22,405,000 after purchasing an additional 417,602 shares during the period. Finally, Thrivent Financial for Lutherans increased its stake 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 Performance

AMLP opened at $54.83 on Friday. Alerian MLP ETF has a fifty-two week low of $44.64 and a fifty-two week high of $55.62. The firm’s fifty day moving average is $52.76 and its 200 day moving average is $52.17. The stock has a market cap of $12.87 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50.

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).