MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 808.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,798 shares of the exchange traded fund’s stock after acquiring an additional 6,940 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Alerian MLP ETF were worth $376,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new position in shares of Alerian MLP ETF during the 3rd quarter valued at about $28,000. City State Bank acquired a new position in Alerian MLP ETF during the fourth quarter valued at approximately $40,000. Massmutual Trust Co. FSB ADV bought a new position in shares of Alerian MLP ETF in the third quarter valued at approximately $40,000. ORG Wealth Partners LLC acquired a new stake in shares of Alerian MLP ETF in the third quarter worth $41,000. Finally, Advisors Asset Management Inc. bought a new stake in shares of Alerian MLP ETF during the 3rd quarter worth $65,000.
Alerian MLP ETF Trading Down 1.0 %
NYSEARCA:AMLP opened at $51.95 on Thursday. The firm has a market capitalization of $9.34 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 1 year low of $43.02 and a 1 year high of $52.82. The firm’s fifty day simple moving average is $49.27 and its 200 day simple moving average is $47.96.
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.
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