Alerian MLP ETF (NYSEARCA:AMLP) Shares Acquired by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. grew its holdings in Alerian MLP ETF (NYSEARCA:AMLPFree Report) by 156.3% during the 4th quarter, Holdings Channel reports. The fund owned 395,419 shares of the exchange traded fund’s stock after purchasing an additional 241,163 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Alerian MLP ETF were worth $16,813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in AMLP. Provence Wealth Management Group acquired a new position in Alerian MLP ETF in the third quarter valued at approximately $31,000. First United Bank & Trust purchased a new position in shares of Alerian MLP ETF during the 4th quarter valued at approximately $35,000. McGlone Suttner Wealth Management Inc. acquired a new position in shares of Alerian MLP ETF in the 4th quarter valued at $39,000. Friedenthal Financial purchased a new stake in Alerian MLP ETF during the fourth quarter worth $54,000. Finally, Eagle Bay Advisors LLC acquired a new stake in Alerian MLP ETF during the fourth quarter valued at $56,000.

Alerian MLP ETF Trading Up 0.1 %

AMLP traded up $0.05 on Friday, reaching $45.46. The stock had a trading volume of 863,466 shares, compared to its average volume of 1,282,340. The business’s 50-day moving average price is $46.97 and its two-hundred day moving average price is $44.83. Alerian MLP ETF has a 12-month low of $37.36 and a 12-month high of $48.48. The company has a market cap of $8.18 billion, a P/E ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding AMLP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alerian MLP ETF (NYSEARCA:AMLPFree Report).

Institutional Ownership by Quarter for Alerian MLP ETF (NYSEARCA:AMLP)

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