Adams Asset Advisors LLC lifted its position in Alerian MLP (NYSEARCA:AMLP) by 116.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,718 shares of the exchange traded fund’s stock after acquiring an additional 39,112 shares during the period. Adams Asset Advisors LLC’s holdings in Alerian MLP were worth $734,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in the stock. Segall Bryant & Hamill LLC bought a new stake in Alerian MLP during the 1st quarter worth approximately $102,000. Capital Wealth Planning LLC bought a new stake in Alerian MLP during the 4th quarter worth approximately $108,000. Lake Street Advisors Group LLC bought a new stake in Alerian MLP during the 4th quarter worth approximately $115,000. Westside Investment Management Inc. grew its stake in shares of Alerian MLP by 97.9% during the 4th quarter. Westside Investment Management Inc. now owns 12,500 shares of the exchange traded fund’s stock worth $142,000 after acquiring an additional 6,185 shares in the last quarter. Finally, Sage Advisory Services Ltd.Co. bought a new position in shares of Alerian MLP during the 1st quarter worth approximately $146,000.
Shares of Alerian MLP traded down $0.08, hitting $10.16, during mid-day trading on Wednesday, according to MarketBeat.com. 8,233,447 shares of the company’s stock were exchanged, compared to its average volume of 16,275,725. Alerian MLP has a 52 week low of $9.01 and a 52 week high of $12.13.
About Alerian MLP
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.
Want to see what other hedge funds are holding AMLP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alerian MLP (NYSEARCA:AMLP).
Receive News & Ratings for Alerian MLP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alerian MLP and related companies with MarketBeat.com's FREE daily email newsletter.