Fifth Third Securities Inc. cut its stake in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 4.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 190,129 shares of the exchange traded fund’s stock after selling 9,032 shares during the quarter. Fifth Third Securities Inc. owned approximately 0.11% of Alerian MLP ETF worth $8,961,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Wesbanco Bank Inc. raised its position in shares of Alerian MLP ETF by 8.9% in the third quarter. Wesbanco Bank Inc. now owns 5,506 shares of the exchange traded fund’s stock worth $260,000 after acquiring an additional 450 shares during the period. ORG Partners LLC raised its holdings in Alerian MLP ETF by 320.3% in the 3rd quarter. ORG Partners LLC now owns 28,099 shares of the exchange traded fund’s stock worth $1,324,000 after purchasing an additional 21,413 shares during the period. ORG Wealth Partners LLC purchased a new position in Alerian MLP ETF during the third quarter worth approximately $41,000. Armstrong Advisory Group Inc. grew its holdings in Alerian MLP ETF by 17.2% in the third quarter. Armstrong Advisory Group Inc. now owns 7,752 shares of the exchange traded fund’s stock valued at $365,000 after purchasing an additional 1,138 shares during the period. Finally, Shikiar Asset Management Inc. increased its position in shares of Alerian MLP ETF by 3.6% in the third quarter. Shikiar Asset Management Inc. now owns 192,155 shares of the exchange traded fund’s stock valued at $9,056,000 after buying an additional 6,650 shares in the last quarter.
Alerian MLP ETF Price Performance
Shares of NYSEARCA:AMLP opened at $47.68 on Tuesday. The business’s 50 day moving average price is $46.86 and its 200-day moving average price is $47.04. Alerian MLP ETF has a 1 year low of $41.06 and a 1 year high of $49.44. The firm has a market capitalization of $8.58 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.
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.
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