Alerian MLP ETF $AMLP Stock Bought by Csenge Advisory Group

Csenge Advisory Group increased its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 25.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 237,513 shares of the exchange traded fund’s stock after purchasing an additional 47,616 shares during the quarter. Csenge Advisory Group owned approximately 0.10% of Alerian MLP ETF worth $12,320,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of AMLP. Allen Investment Management LLC grew its holdings in Alerian MLP ETF by 10.4% during the third quarter. Allen Investment Management LLC now owns 4,904,023 shares of the exchange traded fund’s stock valued at $254,372,000 after purchasing an additional 463,628 shares during the period. Royal Bank of Canada raised its stake in shares of Alerian MLP ETF by 6.8% in the first quarter. Royal Bank of Canada now owns 2,414,295 shares of the exchange traded fund’s stock worth $127,088,000 after buying an additional 154,146 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Alerian MLP ETF by 6.4% in the second quarter. Envestnet Asset Management Inc. now owns 965,702 shares of the exchange traded fund’s stock worth $50,072,000 after buying an additional 57,663 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of Alerian MLP ETF by 11.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 871,610 shares of the exchange traded fund’s stock valued at $45,210,000 after buying an additional 92,785 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of Alerian MLP ETF by 12.6% during the 2nd quarter. NewEdge Advisors LLC now owns 627,920 shares of the exchange traded fund’s stock valued at $32,558,000 after buying an additional 70,402 shares in the last quarter.

Alerian MLP ETF Trading Up 0.6%

Shares of NYSEARCA:AMLP opened at $50.95 on Wednesday. The stock has a 50 day moving average of $53.35 and a 200 day moving average of $52.91. The company has a market cap of $12.24 billion, a PE ratio of 11.64 and a beta of 0.49. Alerian MLP ETF has a 12-month low of $46.04 and a 12-month high of $56.43.

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).