193,900 Shares in Alerian MLP ETF $AMLP Purchased by Sanders Morris Harris LLC

Sanders Morris Harris LLC acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 193,900 shares of the exchange traded fund’s stock, valued at approximately $10,286,000. Alerian MLP ETF accounts for 1.4% of Sanders Morris Harris LLC’s investment portfolio, making the stock its 16th biggest position. Sanders Morris Harris LLC owned about 0.08% of Alerian MLP ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in AMLP. Trivium Point Advisory LLC raised its position in Alerian MLP ETF by 649.9% during the 2nd quarter. Trivium Point Advisory LLC now owns 378,254 shares of the exchange traded fund’s stock worth $19,612,000 after buying an additional 327,813 shares during the last quarter. Allen Investment Management LLC boosted its stake in shares of Alerian MLP ETF by 6.8% during 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 acquiring an additional 254,444 shares in the last quarter. Oxbow Advisors LLC increased 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 valued at $23,865,000 after purchasing an additional 227,096 shares in the last quarter. Granby Capital Management LLC acquired a new position in shares of Alerian MLP ETF during the 4th quarter worth $9,404,000. Finally, Csenge Advisory Group acquired a new stake in Alerian MLP ETF in the 2nd quarter valued at about $9,846,000.

Alerian MLP ETF Stock Down 0.6%

Shares of AMLP traded down $0.33 during mid-day trading on Wednesday, reaching $52.38. 1,044,172 shares of the company’s stock were exchanged, compared to its average volume of 1,507,522. Alerian MLP ETF has a 52-week low of $45.22 and a 52-week high of $56.43. The company has a 50-day simple moving average of $54.43 and a two-hundred day simple moving average of $53.41. The company has a market cap of $12.63 billion, a price-to-earnings ratio of 14.17 and a beta of 0.54.

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).