JPMorgan Chase & Co. Has $2.51 Million Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

JPMorgan Chase & Co. decreased its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 52.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 53,214 shares of the exchange traded fund’s stock after selling 57,829 shares during the quarter. JPMorgan Chase & Co.’s holdings in Alerian MLP ETF were worth $2,508,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Ashton Thomas Securities LLC bought a new stake in Alerian MLP ETF in the 3rd quarter valued at $28,000. Massmutual Trust Co. FSB ADV bought a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at $40,000. ORG Wealth Partners LLC bought a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at $41,000. Advisors Asset Management Inc. acquired a new position in shares of Alerian MLP ETF during the 3rd quarter worth $65,000. Finally, Rosenberg Matthew Hamilton raised its holdings in shares of Alerian MLP ETF by 803.5% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,545 shares of the exchange traded fund’s stock worth $73,000 after buying an additional 1,374 shares in the last quarter.

Alerian MLP ETF Stock Performance

Alerian MLP ETF stock opened at $51.71 on Tuesday. Alerian MLP ETF has a 52 week low of $42.25 and a 52 week high of $51.75. The stock has a fifty day moving average of $49.08 and a 200-day moving average of $47.90. The stock has a market capitalization of $9.30 billion, a P/E 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.