M&T Bank Corp Has $3.03 Million Stake in Alerian MLP ETF (AMLP)

M&T Bank Corp grew its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 122.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 346,731 shares of the exchange traded fund’s stock after buying an additional 190,581 shares during the period. M&T Bank Corp’s holdings in Alerian MLP ETF were worth $3,027,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of AMLP. Creative Planning raised its stake in Alerian MLP ETF by 17.6% during the 3rd quarter. Creative Planning now owns 26,683,599 shares of the exchange traded fund’s stock worth $284,981,000 after buying an additional 3,988,609 shares during the period. Chickasaw Capital Management LLC raised its stake in Alerian MLP ETF by 12,333.3% during the 4th quarter. Chickasaw Capital Management LLC now owns 2,377,875 shares of the exchange traded fund’s stock worth $20,759,000 after buying an additional 2,358,750 shares during the period. Massey Quick Simon & CO. LLC raised its stake in Alerian MLP ETF by 195.7% during the 4th quarter. Massey Quick Simon & CO. LLC now owns 2,631,603 shares of the exchange traded fund’s stock worth $22,974,000 after buying an additional 1,741,503 shares during the period. Allen Investment Management LLC raised its stake in Alerian MLP ETF by 229.9% during the 3rd quarter. Allen Investment Management LLC now owns 2,344,089 shares of the exchange traded fund’s stock worth $25,035,000 after buying an additional 1,633,506 shares during the period. Finally, Wells Fargo & Company MN raised its stake in Alerian MLP ETF by 5.3% during the 3rd quarter. Wells Fargo & Company MN now owns 31,644,353 shares of the exchange traded fund’s stock worth $337,962,000 after buying an additional 1,585,065 shares during the period.

Shares of Alerian MLP ETF stock opened at $9.65 on Monday. Alerian MLP ETF has a 12 month low of $8.27 and a 12 month high of $11.41.

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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.

Further Reading: Can systematic risk be avoided?

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 ETF (NYSEARCA:AMLP).

Institutional Ownership by Quarter for Alerian MLP ETF (NYSEARCA:AMLP)

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