Alerian MLP ETF $AMLP Shares Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd raised its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 44.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,353 shares of the exchange traded fund’s stock after acquiring an additional 3,195 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Alerian MLP ETF were worth $506,000 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 the company. Nova Wealth Management Inc. purchased a new position in Alerian MLP ETF in the second quarter worth approximately $28,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Alerian MLP ETF during the 2nd quarter worth about $29,000. Headlands Technologies LLC acquired a new position in Alerian MLP ETF in the first quarter valued at about $31,000. Crews Bank & Trust acquired a new stake in shares of Alerian MLP ETF during the second quarter valued at about $39,000. Finally, Independence Bank of Kentucky raised its stake in shares of Alerian MLP ETF by 517.5% in the 2nd quarter. Independence Bank of Kentucky now owns 988 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 828 shares during the period.

Alerian MLP ETF Trading Up 0.1%

AMLP stock opened at $47.04 on Friday. The business’s fifty day moving average price is $46.94 and its 200 day moving average price is $48.07. Alerian MLP ETF has a 12-month low of $43.75 and a 12-month high of $53.24. The company has a market capitalization of $10.32 billion, a PE ratio of 14.17 and a beta of 0.70.

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.