Alerian MLP ETF Target of Unusually High Options Trading (NYSEARCA:AMLP)

Alerian MLP ETF (NYSEARCA:AMLP) was the recipient of unusually large options trading on Thursday. Stock investors bought 5,054 put options on the stock. This is an increase of approximately 641% compared to the typical volume of 682 put options.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Fiduciary Family Office LLC bought a new position in Alerian MLP ETF in the 4th quarter valued at approximately $11,851,000. Whalen Wealth Management Inc. increased its position in Alerian MLP ETF by 1.3% in the 4th quarter. Whalen Wealth Management Inc. now owns 22,450 shares of the exchange traded fund’s stock valued at $1,081,000 after acquiring an additional 281 shares during the period. Avior Wealth Management LLC raised its stake in shares of Alerian MLP ETF by 13.4% during the fourth quarter. Avior Wealth Management LLC now owns 11,086 shares of the exchange traded fund’s stock valued at $534,000 after acquiring an additional 1,311 shares during the last quarter. Lake Hills Wealth Management LLC lifted its holdings in shares of Alerian MLP ETF by 4.8% during the fourth quarter. Lake Hills Wealth Management LLC now owns 160,882 shares of the exchange traded fund’s stock worth $7,748,000 after purchasing an additional 7,341 shares during the period. Finally, GoalVest Advisory LLC grew its stake in shares of Alerian MLP ETF by 1.1% in the fourth quarter. GoalVest Advisory LLC now owns 24,714 shares of the exchange traded fund’s stock worth $1,190,000 after purchasing an additional 271 shares during the last quarter.

Alerian MLP ETF Trading Up 0.4 %

NYSEARCA:AMLP traded up $0.23 on Friday, hitting $51.71. The company had a trading volume of 1,492,295 shares, compared to its average volume of 1,729,580. Alerian MLP ETF has a 52 week low of $42.25 and a 52 week high of $51.75. The stock has a market capitalization of $9.30 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The firm has a 50 day moving average of $49.01 and a two-hundred day moving average of $47.88.

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.