Oxbow Advisors LLC Buys 227,096 Shares of Alerian MLP ETF $AMLP

Oxbow Advisors LLC lifted its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 100.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 453,356 shares of the exchange traded fund’s stock after purchasing an additional 227,096 shares during the period. Alerian MLP ETF accounts for approximately 2.0% of Oxbow Advisors LLC’s holdings, making the stock its 7th largest holding. Oxbow Advisors LLC owned about 0.19% of Alerian MLP ETF worth $23,865,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AMLP. Brighton Jones LLC boosted its holdings in Alerian MLP ETF by 19.4% during the fourth quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock worth $2,157,000 after buying an additional 7,280 shares during the last quarter. Qube Research & Technologies Ltd increased its stake in shares of Alerian MLP ETF by 16.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 141,189 shares of the exchange traded fund’s stock valued at $6,898,000 after acquiring an additional 19,916 shares during the last quarter. Sei Investments Co. acquired a new stake in shares of Alerian MLP ETF in the 2nd quarter valued at approximately $623,000. Diversify Advisory Services LLC acquired a new stake in shares of Alerian MLP ETF in the 2nd quarter valued at approximately $224,000. Finally, Quantinno Capital Management LP raised its position in shares of Alerian MLP ETF by 63.3% in the 2nd quarter. Quantinno Capital Management LP now owns 50,768 shares of the exchange traded fund’s stock valued at $2,481,000 after acquiring an additional 19,678 shares during the period.

Alerian MLP ETF Price Performance

Alerian MLP ETF stock opened at $52.06 on Friday. The firm has a market capitalization of $12.22 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50. The company’s 50 day simple moving average is $52.58 and its 200 day simple moving average is $51.23. Alerian MLP ETF has a fifty-two week low of $44.64 and a fifty-two week high of $55.22.

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).