Alerian MLP ETF $AMLP Shares Purchased by Hilton Capital Management LLC

Hilton Capital Management LLC raised its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 39.6% during the second quarter, Holdings Channel.com reports. The firm owned 338,754 shares of the exchange traded fund’s stock after purchasing an additional 96,100 shares during the quarter. Alerian MLP ETF makes up 1.2% of Hilton Capital Management LLC’s investment portfolio, making the stock its 15th largest position. Hilton Capital Management LLC’s holdings in Alerian MLP ETF were worth $17,564,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of Alerian MLP ETF by 14,563.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,289,345 shares of the exchange traded fund’s stock worth $60,625,000 after buying an additional 1,280,552 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of Alerian MLP ETF by 326.3% in the second quarter. Orion Porfolio Solutions LLC now owns 1,039,696 shares of the exchange traded fund’s stock valued at $50,800,000 after buying an additional 795,787 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of Alerian MLP ETF in the fourth quarter valued at approximately $24,371,000. Quadrature Capital Ltd grew its holdings in Alerian MLP ETF by 709.1% during the fourth quarter. Quadrature Capital Ltd now owns 476,492 shares of the exchange traded fund’s stock worth $22,405,000 after acquiring an additional 417,602 shares during the period. Finally, Thrivent Financial for Lutherans grew its holdings in Alerian MLP ETF by 1,508.5% during the fourth quarter. Thrivent Financial for Lutherans now owns 406,459 shares of the exchange traded fund’s stock worth $19,116,000 after acquiring an additional 381,190 shares during the period.

Alerian MLP ETF Stock Performance

NYSEARCA:AMLP opened at $54.96 on Friday. The stock has a fifty day moving average price of $53.18 and a two-hundred day moving average price of $52.59. The stock has a market capitalization of $12.91 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a 1 year low of $44.64 and a 1 year high of $55.66.

Alerian MLP ETF 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).