Anthracite Investment Company Inc. raised its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 6.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,000 shares of the exchange traded fund’s stock after buying an additional 760 shares during the period. Anthracite Investment Company Inc.’s holdings in Alerian MLP ETF were worth $586,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. bought a new stake in Alerian MLP ETF during the second quarter worth approximately $28,000. Headlands Technologies LLC acquired a new position in Alerian MLP ETF in the 1st quarter worth approximately $31,000. Mid American Wealth Advisory Group Inc. acquired a new position in Alerian MLP ETF in the 2nd quarter worth approximately $29,000. Golden State Wealth Management LLC acquired a new position in Alerian MLP ETF in the 1st quarter worth approximately $34,000. Finally, Crews Bank & Trust acquired a new position in Alerian MLP ETF in the 2nd quarter worth approximately $39,000.
Alerian MLP ETF Stock Performance
Alerian MLP ETF stock opened at $46.74 on Friday. The company has a 50 day moving average price of $47.18 and a 200 day moving average price of $48.12. Alerian MLP ETF has a 52 week low of $43.75 and a 52 week high of $53.24. The firm has a market capitalization of $10.28 billion, a price-to-earnings ratio of 14.17 and a beta of 1.42.
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.
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