Alerian MLP ETF $AMLP Shares Sold by Quantum Portfolio Management LLC

Quantum Portfolio Management LLC reduced its position in Alerian MLP ETF (NYSEARCA:AMLP) by 38.0% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 20,823 shares of the exchange traded fund’s stock after selling 12,754 shares during the period. Quantum Portfolio Management LLC’s holdings in Alerian MLP ETF were worth $1,096,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of AMLP. Mayfair Advisory Group LLC increased its position in shares of Alerian MLP ETF by 3.4% during the first quarter. Mayfair Advisory Group LLC now owns 6,079 shares of the exchange traded fund’s stock worth $320,000 after acquiring an additional 200 shares during the last quarter. J2 Capital Management Inc grew its stake in Alerian MLP ETF by 4.2% in the fourth quarter. J2 Capital Management Inc now owns 5,348 shares of the exchange traded fund’s stock worth $251,000 after purchasing an additional 218 shares in the last quarter. CWA Asset Management Group LLC grew its position in shares of Alerian MLP ETF by 1.1% in the 4th quarter. CWA Asset Management Group LLC now owns 19,438 shares of the exchange traded fund’s stock worth $914,000 after acquiring an additional 220 shares in the last quarter. Shepherd Kaplan Krochuk LLC boosted its holdings in shares of Alerian MLP ETF by 2.2% in the 3rd quarter. Shepherd Kaplan Krochuk LLC now owns 10,866 shares of the exchange traded fund’s stock valued at $510,000 after buying an additional 237 shares during the period. Finally, Bogart Wealth LLC raised its position in shares of Alerian MLP ETF by 4.4% during the 4th quarter. Bogart Wealth LLC now owns 5,721 shares of the exchange traded fund’s stock worth $269,000 after purchasing an additional 242 shares during the period.

Alerian MLP ETF Stock Performance

AMLP stock opened at $53.30 on Thursday. The stock has a market capitalization of $12.52 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50. The stock’s fifty day moving average is $52.62 and its two-hundred day moving average is $51.38. Alerian MLP ETF has a 1 year low of $44.64 and a 1 year high of $55.22.

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).