Commerce Bank Has $7.18 Million Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Commerce Bank increased its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 4.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 149,145 shares of the exchange traded fund’s stock after acquiring an additional 6,795 shares during the period. Commerce Bank owned about 0.08% of Alerian MLP ETF worth $7,183,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of AMLP. Strategic Financial Concepts LLC acquired a new position in shares of Alerian MLP ETF in the fourth quarter worth $27,000. Mark Sheptoff Financial Planning LLC grew its stake in Alerian MLP ETF by 400.0% in the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 625 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 500 shares in the last quarter. Hurley Capital LLC acquired a new position in Alerian MLP ETF in the 4th quarter worth about $32,000. 1620 Investment Advisors Inc. acquired a new position in Alerian MLP ETF in the 4th quarter worth about $38,000. Finally, City State Bank purchased a new stake in shares of Alerian MLP ETF during the 4th quarter worth about $40,000.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA AMLP opened at $48.64 on Friday. The business has a 50 day simple moving average of $50.33 and a 200 day simple moving average of $49.51. Alerian MLP ETF has a 52 week low of $43.75 and a 52 week high of $53.24. The stock has a market cap of $10.08 billion, a price-to-earnings ratio of 14.02 and a beta of 0.99.

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.