North Star Investment Management Corp. Acquires 21,778 Shares of Alerian MLP ETF $AMLP

North Star Investment Management Corp. raised its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 10.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 222,961 shares of the exchange traded fund’s stock after purchasing an additional 21,778 shares during the quarter. Alerian MLP ETF makes up about 0.7% of North Star Investment Management Corp.’s investment portfolio, making the stock its 29th largest position. North Star Investment Management Corp. owned approximately 0.10% of Alerian MLP ETF worth $10,484,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. REAP Financial Group LLC raised its position in Alerian MLP ETF by 2,000.0% in the 3rd quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 500 shares during the last quarter. Flagship Harbor Advisors LLC bought a new position in Alerian MLP ETF in the 4th quarter valued at $43,000. HM Payson & Co. bought a new position in Alerian MLP ETF in the 3rd quarter valued at $47,000. Whittier Trust Co. of Nevada Inc. raised its position in Alerian MLP ETF by 800.0% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,125 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 1,000 shares during the last quarter. Finally, TFC Financial Management Inc. bought a new position in Alerian MLP ETF in the 3rd quarter valued at $60,000.

Alerian MLP ETF Stock Up 1.1%

AMLP traded up $0.57 during trading on Thursday, hitting $53.70. The company’s stock had a trading volume of 267,847 shares, compared to its average volume of 1,723,146. The firm’s 50 day moving average price is $52.31 and its two-hundred day moving average price is $49.43. The stock has a market capitalization of $12.52 billion, a price-to-earnings ratio of 14.17 and a beta of 0.56. Alerian MLP ETF has a 12 month low of $44.64 and a 12 month high of $54.20.

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. 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).