Alerian MLP ETF (NYSEARCA:AMLP) Stake Increased by Glaxis Capital Management LLC

Glaxis Capital Management LLC raised its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 166.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,000 shares of the exchange traded fund’s stock after buying an additional 25,000 shares during the quarter. Alerian MLP ETF comprises 7.3% of Glaxis Capital Management LLC’s portfolio, making the stock its 4th largest holding. Glaxis Capital Management LLC’s holdings in Alerian MLP ETF were worth $1,885,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. 1832 Asset Management L.P. raised its position in shares of Alerian MLP ETF by 58.2% in 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 buying an additional 703,620 shares in the last quarter. Hilton Capital Management LLC bought a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at about $31,562,000. Cetera Investment Advisers grew 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 purchasing an additional 364,516 shares in the last quarter. Blair William & Co. IL increased its position in shares of Alerian MLP ETF by 260.0% in the second quarter. Blair William & Co. IL now owns 484,890 shares of the exchange traded fund’s stock worth $23,265,000 after purchasing an additional 350,196 shares during the last quarter. Finally, School Employees Retirement Board of Ohio bought a new stake in Alerian MLP ETF during the third quarter valued at approximately $14,643,000.

Alerian MLP ETF Price Performance

Shares of NYSEARCA:AMLP opened at $48.55 on Wednesday. The company’s fifty day moving average price is $47.32 and its 200-day moving average price is $47.08. The firm has a market capitalization of $8.73 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a one year low of $41.06 and a one year high of $49.44.

About Alerian MLP ETF

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.