9,416 Shares in Alerian MLP ETF $AMLP Purchased by Glenview Trust Co

Glenview Trust Co bought a new stake in Alerian MLP ETF (NYSEARCA:AMLP) in the third quarter, HoldingsChannel reports. The fund bought 9,416 shares of the exchange traded fund’s stock, valued at approximately $488,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMLP. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in Alerian MLP ETF by 1.0% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 19,617 shares of the exchange traded fund’s stock worth $1,018,000 after acquiring an additional 192 shares during the last quarter. Noesis Capital Mangement Corp boosted its stake in shares of Alerian MLP ETF by 3.0% in the first quarter. Noesis Capital Mangement Corp now owns 6,900 shares of the exchange traded fund’s stock valued at $363,000 after purchasing an additional 200 shares during the period. Capital Advisors Inc. OK boosted its holdings in Alerian MLP ETF by 2.7% in the second quarter. Capital Advisors Inc. OK now owns 7,563 shares of the exchange traded fund’s stock valued at $392,000 after purchasing an additional 200 shares during the last quarter. Heartwood Wealth Advisors LLC grew its stake in Alerian MLP ETF by 0.4% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 47,543 shares of the exchange traded fund’s stock valued at $2,466,000 after purchasing an additional 201 shares in the last quarter. Finally, Consolidated Capital Management LLC increased its holdings in Alerian MLP ETF by 1.6% during the 3rd quarter. Consolidated Capital Management LLC now owns 13,083 shares of the exchange traded fund’s stock worth $679,000 after purchasing an additional 203 shares during the last quarter.

Alerian MLP ETF Stock Performance

Shares of AMLP stock opened at $54.06 on Monday. The stock has a market capitalization of $13.04 billion, a price-to-earnings ratio of 14.17 and a beta of 0.54. Alerian MLP ETF has a one year low of $46.04 and a one year high of $56.43. The company’s 50-day simple moving average is $53.90 and its 200-day simple moving average is $52.84.

Alerian MLP ETF 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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).