Alerian MLP ETF (NYSEARCA:AMLP) Shares Acquired by Saxon Interests Inc.

Saxon Interests Inc. boosted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 1.5% during the third quarter, Holdings Channel.com reports. The fund owned 24,887 shares of the exchange traded fund’s stock after acquiring an additional 363 shares during the period. Saxon Interests Inc.’s holdings in Alerian MLP ETF were worth $1,173,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. 1832 Asset Management L.P. boosted its stake in shares of Alerian MLP ETF by 58.2% during the first quarter. 1832 Asset Management L.P. now owns 1,912,850 shares of the exchange traded fund’s stock valued at $90,784,000 after acquiring an additional 703,620 shares during the last quarter. Cetera Investment Advisers grew its holdings in Alerian MLP ETF by 470.3% in the 1st quarter. Cetera Investment Advisers now owns 442,029 shares of the exchange traded fund’s stock valued at $20,979,000 after buying an additional 364,516 shares during the period. Blair William & Co. IL increased its stake in shares of Alerian MLP ETF by 260.0% during the 2nd quarter. Blair William & Co. IL now owns 484,890 shares of the exchange traded fund’s stock valued at $23,265,000 after acquiring an additional 350,196 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Alerian MLP ETF by 15.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,007,435 shares of the exchange traded fund’s stock worth $96,317,000 after acquiring an additional 272,696 shares during the period. Finally, NewEdge Advisors LLC boosted its position in shares of Alerian MLP ETF by 233.3% in the second quarter. NewEdge Advisors LLC now owns 375,554 shares of the exchange traded fund’s stock worth $18,019,000 after acquiring an additional 262,884 shares during the last quarter.

Alerian MLP ETF Trading Up 0.2 %

Shares of AMLP traded up $0.08 during mid-day trading on Wednesday, reaching $47.16. The company had a trading volume of 222,330 shares, compared to its average volume of 1,297,423. Alerian MLP ETF has a fifty-two week low of $41.06 and a fifty-two week high of $49.44. The stock has a market cap of $8.48 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The firm has a fifty day simple moving average of $46.83 and a 200-day simple moving average of $47.03.

Alerian MLP ETF Company 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.