Benjamin Edwards Inc. Boosts Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Benjamin Edwards Inc. grew its position in Alerian MLP ETF (NYSEARCA:AMLP) by 47.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,362 shares of the exchange traded fund’s stock after acquiring an additional 6,514 shares during the quarter. Benjamin Edwards Inc.’s holdings in Alerian MLP ETF were worth $977,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. DDFG Inc raised its holdings in shares of Alerian MLP ETF by 6.2% in the fourth quarter. DDFG Inc now owns 13,630 shares of the exchange traded fund’s stock worth $580,000 after buying an additional 798 shares during the period. Trexquant Investment LP grew its holdings in shares of Alerian MLP ETF by 7.6% in the fourth quarter. Trexquant Investment LP now owns 11,287 shares of the exchange traded fund’s stock worth $480,000 after purchasing an additional 798 shares during the last quarter. CreativeOne Wealth LLC bought a new position in shares of Alerian MLP ETF in the fourth quarter worth about $202,000. Cambridge Investment Research Advisors Inc. increased its stake in Alerian MLP ETF by 156.3% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 395,419 shares of the exchange traded fund’s stock worth $16,813,000 after buying an additional 241,163 shares during the period. Finally, Orion Portfolio Solutions LLC lifted its holdings in Alerian MLP ETF by 1.6% during the 4th quarter. Orion Portfolio Solutions LLC now owns 38,045 shares of the exchange traded fund’s stock valued at $1,630,000 after buying an additional 612 shares in the last quarter.

Alerian MLP ETF Price Performance

Shares of AMLP stock opened at $47.17 on Friday. The company has a market capitalization of $8.48 billion, a P/E ratio of 13.08 and a beta of 0.48. The company’s 50-day simple moving average is $47.16 and its two-hundred day simple moving average is $46.97. Alerian MLP ETF has a one year low of $40.03 and a one year high of $49.44.

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.