Credit Suisse AG boosted its holdings in Alerian MLP ETF (NYSEARCA:AMLP – Get Rating) by 34.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 486,741 shares of the exchange traded fund’s stock after buying an additional 123,727 shares during the period. Credit Suisse AG owned approximately 0.29% of Alerian MLP ETF worth $18,530,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in AMLP. Goldman Sachs Group Inc. boosted its position in shares of 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 period. Cowa LLC raised its holdings in shares of Alerian MLP ETF by 10,043.4% during the 1st quarter. Cowa LLC now owns 5,232,801 shares of the exchange traded fund’s stock worth $2,004,000 after buying an additional 5,181,213 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Alerian MLP ETF by 33.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 1,384,102 shares of the exchange traded fund’s stock worth $52,693,000 after buying an additional 345,635 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Alerian MLP ETF by 48.1% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,374,393 shares of the exchange traded fund’s stock worth $52,323,000 after purchasing an additional 446,393 shares in the last quarter. Finally, Raymond James & Associates grew its position in shares of Alerian MLP ETF by 0.9% in the 4th quarter. Raymond James & Associates now owns 1,373,156 shares of the exchange traded fund’s stock valued at $52,276,000 after buying an additional 12,716 shares during the last quarter.
Alerian MLP ETF Stock Performance
AMLP stock opened at $39.20 on Friday. Alerian MLP ETF has a fifty-two week low of $32.25 and a fifty-two week high of $42.47. The stock’s 50 day simple moving average is $38.85 and its 200 day simple moving average is $38.96. The company has a market cap of $6.55 billion, a P/E ratio of 13.30 and a beta of 1.42.
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.
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