Nomura Asset Management Co. Ltd. Sells 97,600 Shares of Alerian MLP ETF $AMLP

Nomura Asset Management Co. Ltd. lowered its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 20.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 371,900 shares of the exchange traded fund’s stock after selling 97,600 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Alerian MLP ETF were worth $17,487,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. REAP Financial Group LLC lifted its holdings in shares of Alerian MLP ETF by 2,000.0% in the third quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 500 shares during the last quarter. Flagship Harbor Advisors LLC bought a new position in shares of Alerian MLP ETF in the fourth quarter worth about $43,000. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Alerian MLP ETF by 800.0% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,125 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 1,000 shares during the last quarter. BROOKFIELD Corp ON bought a new position in shares of Alerian MLP ETF in the second quarter worth about $65,000. Finally, First Horizon Corp lifted its holdings in shares of Alerian MLP ETF by 396.7% in the fourth quarter. First Horizon Corp now owns 1,490 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 1,190 shares during the last quarter.

Alerian MLP ETF Price Performance

Shares of NYSEARCA AMLP opened at $52.19 on Tuesday. The company has a 50 day simple moving average of $52.89 and a 200 day simple moving average of $50.49. The firm has a market cap of $12.17 billion, a PE ratio of 14.17 and a beta of 0.52. Alerian MLP ETF has a 1 year low of $44.64 and a 1 year high of $55.22.

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).