International Assets Investment Management LLC Invests $1.48 Million in Alerian MLP ETF (NYSEARCA:AMLP)

International Assets Investment Management LLC acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 30,329 shares of the exchange traded fund’s stock, valued at approximately $1,478,000.

Other institutional investors have also made changes to their positions in the company. Hilton Capital Management LLC bought a new stake in Alerian MLP ETF during the 3rd quarter worth about $31,562,000. EP Wealth Advisors LLC raised its holdings in Alerian MLP ETF by 10,423.5% during the third quarter. EP Wealth Advisors LLC now owns 511,442 shares of the exchange traded fund’s stock worth $24,104,000 after acquiring an additional 506,582 shares in the last quarter. Blair William & Co. IL boosted its position in Alerian MLP ETF by 260.0% during the second quarter. Blair William & Co. IL now owns 484,890 shares of the exchange traded fund’s stock valued at $23,265,000 after purchasing an additional 350,196 shares during the last quarter. School Employees Retirement Board of Ohio bought a new position in Alerian MLP ETF in the third quarter valued at approximately $14,643,000. Finally, LPL Financial LLC increased its position in shares of Alerian MLP ETF by 13.0% during the 3rd quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock worth $113,110,000 after purchasing an additional 275,254 shares during the last quarter.

Alerian MLP ETF Trading Up 1.7 %

NYSEARCA AMLP opened at $49.46 on Thursday. Alerian MLP ETF has a 12 month low of $42.25 and a 12 month high of $51.47. The stock has a 50 day moving average of $48.60 and a 200-day moving average of $47.76. The company has a market cap of $8.90 billion, a PE ratio of 13.08 and a beta of 0.48.

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.