HBW Advisory Services LLC lessened its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP – Get Rating) by 83.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,426 shares of the exchange traded fund’s stock after selling 28,084 shares during the period. HBW Advisory Services LLC’s holdings in Alerian MLP ETF were worth $207,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the stock. Goldman Sachs Group Inc. increased its holdings in Alerian MLP ETF by 54.9% during the first quarter. Goldman Sachs Group Inc. now owns 14,607,500 shares of the exchange traded fund’s stock worth $559,467,000 after buying an additional 5,174,427 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Alerian MLP ETF by 20.2% in the second quarter. Wells Fargo & Company MN now owns 11,450,274 shares of the exchange traded fund’s stock worth $394,461,000 after purchasing an additional 1,924,523 shares in the last quarter. Cowa LLC increased its stake in shares of Alerian MLP ETF by 10,043.4% in the first quarter. Cowa LLC now owns 5,232,801 shares of the exchange traded fund’s stock worth $2,004,000 after purchasing an additional 5,181,213 shares in the last quarter. Raymond James & Associates increased its stake in shares of Alerian MLP ETF by 4.2% in the third quarter. Raymond James & Associates now owns 1,360,440 shares of the exchange traded fund’s stock worth $49,738,000 after purchasing an additional 54,433 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of Alerian MLP ETF by 7.2% in the third quarter. Royal Bank of Canada now owns 1,269,417 shares of the exchange traded fund’s stock worth $46,410,000 after purchasing an additional 85,249 shares in the last quarter.
Alerian MLP ETF Stock Down 0.9 %
AMLP opened at $37.04 on Friday. The company has a market capitalization of $6.19 billion, a price-to-earnings ratio of 13.30 and a beta of 1.46. The firm has a 50-day moving average price of $39.66 and a 200-day moving average price of $39.30. Alerian MLP ETF has a twelve month low of $32.25 and a twelve month high of $42.47.
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.
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