Alerian MLP ETF $AMLP Stake Raised by Peddock Capital Advisors LLC

Peddock Capital Advisors LLC lifted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 606.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,078 shares of the exchange traded fund’s stock after purchasing an additional 25,820 shares during the quarter. Peddock Capital Advisors LLC’s holdings in Alerian MLP ETF were worth $1,560,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in AMLP. Trivium Point Advisory LLC increased its stake in Alerian MLP ETF by 649.9% in the second quarter. Trivium Point Advisory LLC now owns 378,254 shares of the exchange traded fund’s stock valued at $19,612,000 after purchasing an additional 327,813 shares during the last quarter. Allen Investment Management LLC boosted its stake in Alerian MLP ETF by 6.8% in the 1st quarter. Allen Investment Management LLC now owns 4,005,535 shares of the exchange traded fund’s stock worth $210,851,000 after buying an additional 254,444 shares during the last quarter. Oxbow Advisors LLC boosted its stake in Alerian MLP ETF by 100.4% in the 1st quarter. Oxbow Advisors LLC now owns 453,356 shares of the exchange traded fund’s stock worth $23,865,000 after buying an additional 227,096 shares during the last quarter. Sanders Morris Harris LLC acquired a new stake in Alerian MLP ETF in the 3rd quarter worth about $10,286,000. Finally, Csenge Advisory Group acquired a new stake in Alerian MLP ETF in the 2nd quarter worth about $9,846,000.

Alerian MLP ETF Stock Up 1.4%

Shares of AMLP stock traded up $0.72 during trading hours on Friday, hitting $52.63. 809,157 shares of the company were exchanged, compared to its average volume of 1,500,934. The firm has a fifty day moving average of $54.29 and a 200 day moving average of $53.39. Alerian MLP ETF has a 1 year low of $45.22 and a 1 year high of $56.43. The firm has a market cap of $12.69 billion, a PE ratio of 14.17 and a beta of 0.54.

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. 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).