Townsquare Capital LLC acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,425 shares of the exchange traded fund’s stock, valued at approximately $261,000.
Other hedge funds have also recently modified their holdings of the company. Mark Sheptoff Financial Planning LLC boosted its stake in shares of Alerian MLP ETF by 400.0% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 625 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 500 shares in the last quarter. Hurley Capital LLC purchased a new stake in shares of Alerian MLP ETF in the fourth quarter valued at approximately $32,000. 1620 Investment Advisors Inc. purchased a new position in shares of Alerian MLP ETF during the 4th quarter valued at approximately $38,000. City State Bank acquired a new stake in Alerian MLP ETF in the 4th quarter valued at $40,000. Finally, Flagship Wealth Advisors LLC purchased a new stake in Alerian MLP ETF in the 4th quarter worth $63,000.
Alerian MLP ETF Stock Performance
NYSEARCA:AMLP opened at $48.62 on Wednesday. The company has a fifty day moving average of $50.22 and a two-hundred day moving average of $49.51. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $53.24. The stock has a market capitalization of $10.11 billion, a PE ratio of 13.17 and a beta of 0.99.
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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