Alerian MLP ETF $AMLP Shares Newly Acquired by Glenview Trust Co

Glenview Trust Co acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,416 shares of the exchange traded fund’s stock, valued at approximately $488,000.

Other institutional investors have also recently modified their holdings of the company. Trivium Point Advisory LLC boosted its position in Alerian MLP ETF by 649.9% in the second quarter. Trivium Point Advisory LLC now owns 378,254 shares of the exchange traded fund’s stock valued at $19,612,000 after buying an additional 327,813 shares during the last quarter. Allen Investment Management LLC lifted its holdings in shares of Alerian MLP ETF by 6.8% in the 1st quarter. Allen Investment Management LLC now owns 4,005,535 shares of the exchange traded fund’s stock valued at $210,851,000 after buying an additional 254,444 shares during the period. Sanders Morris Harris LLC purchased a new stake in shares of Alerian MLP ETF in the third quarter worth about $10,286,000. Csenge Advisory Group purchased a new stake in shares of Alerian MLP ETF in the second quarter worth about $9,846,000. Finally, Royal Bank of Canada boosted its stake in shares of Alerian MLP ETF by 6.8% in the first quarter. Royal Bank of Canada now owns 2,414,295 shares of the exchange traded fund’s stock worth $127,088,000 after buying an additional 154,146 shares during the last quarter.

Alerian MLP ETF Price Performance

Alerian MLP ETF stock opened at $54.06 on Monday. The business’s 50-day moving average price is $53.90 and its 200 day moving average price is $52.84. The firm has a market cap of $13.04 billion, a price-to-earnings ratio of 14.17 and a beta of 0.54. Alerian MLP ETF has a 52 week low of $46.04 and a 52 week high of $56.43.

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).