Alerian MLP ETF $AMLP Holdings Lifted by US Bancorp DE

US Bancorp DE increased its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 34.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 760,011 shares of the exchange traded fund’s stock after purchasing an additional 194,330 shares during the quarter. US Bancorp DE’s holdings in Alerian MLP ETF were worth $37,134,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. L.K. Benson & Company P.C. grew its stake in Alerian MLP ETF by 3.9% in the second quarter. L.K. Benson & Company P.C. now owns 8,866 shares of the exchange traded fund’s stock valued at $433,000 after purchasing an additional 329 shares in the last quarter. Tectonic Advisors LLC grew its stake in Alerian MLP ETF by 8.9% in the second quarter. Tectonic Advisors LLC now owns 284,113 shares of the exchange traded fund’s stock valued at $13,882,000 after purchasing an additional 23,285 shares in the last quarter. Beaumont Asset Management L.L.C. grew its stake in Alerian MLP ETF by 5.7% in the second quarter. Beaumont Asset Management L.L.C. now owns 7,294 shares of the exchange traded fund’s stock valued at $356,000 after purchasing an additional 392 shares in the last quarter. Eagle Strategies LLC grew its stake in Alerian MLP ETF by 4.0% in the second quarter. Eagle Strategies LLC now owns 106,291 shares of the exchange traded fund’s stock valued at $5,193,000 after purchasing an additional 4,112 shares in the last quarter. Finally, Abel Hall LLC purchased a new position in Alerian MLP ETF in the second quarter valued at about $498,000.

Alerian MLP ETF Price Performance

Shares of NYSEARCA AMLP opened at $44.68 on Friday. The business’s 50-day moving average price is $47.73 and its two-hundred day moving average price is $48.38. Alerian MLP ETF has a one year low of $43.75 and a one year high of $53.24. The company has a market capitalization of $9.79 billion, a P/E ratio of 14.17 and a beta of 1.42.

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.