Savant Capital LLC grew its holdings in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 43.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,323 shares of the exchange traded fund’s stock after purchasing an additional 11,393 shares during the period. Savant Capital LLC’s holdings in Alerian MLP ETF were worth $1,755,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of AMLP. REAP Financial Group LLC lifted its holdings in shares of Alerian MLP ETF by 2,000.0% in the third quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 500 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of Alerian MLP ETF in the fourth quarter valued at $43,000. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Alerian MLP ETF by 800.0% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,125 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 1,000 shares in the last quarter. BROOKFIELD Corp ON purchased a new stake in shares of Alerian MLP ETF in the second quarter valued at $65,000. Finally, First Horizon Corp lifted its holdings in shares of Alerian MLP ETF by 396.7% in the fourth quarter. First Horizon Corp now owns 1,490 shares of the exchange traded fund’s stock valued at $70,000 after purchasing an additional 1,190 shares in the last quarter.
Alerian MLP ETF Price Performance
AMLP opened at $51.60 on Monday. The stock has a fifty day moving average of $52.90 and a 200-day moving average of $50.46. The firm has a market capitalization of $12.03 billion, a P/E ratio of 14.17 and a beta of 0.52. Alerian MLP ETF has a 12-month low of $44.64 and a 12-month high of $55.22.
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. 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).
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