Alerian MLP ETF $AMLP Stock Holdings Boosted by Vise Technologies Inc.

Vise Technologies Inc. lifted its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 269.8% in the third quarter, Holdings Channel.com reports. The firm owned 33,560 shares of the exchange traded fund’s stock after buying an additional 24,485 shares during the period. Vise Technologies Inc.’s holdings in Alerian MLP ETF were worth $1,741,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of AMLP. Bullseye Investment Management LLC bought a new position in Alerian MLP ETF during the 2nd quarter valued at about $1,261,000. Schuylkill Financial LLC purchased a new stake in Alerian MLP ETF in the 2nd quarter worth about $927,000. Integrated Wealth Concepts LLC lifted its stake in Alerian MLP ETF by 35.6% in the second quarter. Integrated Wealth Concepts LLC now owns 47,862 shares of the exchange traded fund’s stock worth $2,482,000 after purchasing an additional 12,567 shares during the last quarter. Hilton Capital Management LLC lifted its stake in Alerian MLP ETF by 39.6% in the second quarter. Hilton Capital Management LLC now owns 338,754 shares of the exchange traded fund’s stock worth $17,564,000 after purchasing an additional 96,100 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC bought a new stake in Alerian MLP ETF in the third quarter worth about $1,502,000.

Alerian MLP ETF Price Performance

Shares of NYSEARCA:AMLP traded up $0.21 during trading hours on Friday, hitting $50.24. 1,196,239 shares of the company’s stock traded hands, compared to its average volume of 1,474,610. The firm has a market capitalization of $12.08 billion, a P/E ratio of 14.17 and a beta of 0.53. The business has a fifty day moving average price of $53.54 and a 200-day moving average price of $52.90. Alerian MLP ETF has a 1 year low of $46.04 and a 1 year 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).