Alerian MLP ETF (NYSEARCA:AMLP) Stake Increased by Global Trust Asset Management LLC

Global Trust Asset Management LLC grew its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 14.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,130 shares of the exchange traded fund’s stock after purchasing an additional 1,010 shares during the period. Global Trust Asset Management LLC’s holdings in Alerian MLP ETF were worth $383,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. 1832 Asset Management L.P. raised its holdings in shares of Alerian MLP ETF by 58.2% during the first quarter. 1832 Asset Management L.P. now owns 1,912,850 shares of the exchange traded fund’s stock worth $90,784,000 after acquiring an additional 703,620 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Alerian MLP ETF by 470.3% during the first quarter. Cetera Investment Advisers now owns 442,029 shares of the exchange traded fund’s stock worth $20,979,000 after acquiring an additional 364,516 shares in the last quarter. Blair William & Co. IL raised its holdings in shares of Alerian MLP ETF by 260.0% during the second quarter. Blair William & Co. IL now owns 484,890 shares of the exchange traded fund’s stock worth $23,265,000 after acquiring an additional 350,196 shares in the last quarter. School Employees Retirement Board of Ohio purchased a new stake in shares of Alerian MLP ETF during the third quarter worth $14,643,000. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Alerian MLP ETF by 15.7% during the second quarter. Envestnet Asset Management Inc. now owns 2,007,435 shares of the exchange traded fund’s stock worth $96,317,000 after acquiring an additional 272,696 shares in the last quarter.

Alerian MLP ETF Trading Down 0.0 %

Shares of NYSEARCA:AMLP opened at $46.93 on Friday. Alerian MLP ETF has a 1 year low of $41.06 and a 1 year high of $49.44. The business has a fifty day simple moving average of $47.06 and a 200 day simple moving average of $47.01. The firm has a market cap of $8.44 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.

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.