Alerian MLP ETF $AMLP Stock Holdings Lifted by Csenge Advisory Group

Csenge Advisory Group increased its position in Alerian MLP ETF (NYSEARCA:AMLP) by 25.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 237,513 shares of the exchange traded fund’s stock after buying an additional 47,616 shares during the quarter. Csenge Advisory Group’s holdings in Alerian MLP ETF were worth $12,320,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Allen Investment Management LLC grew its stake in shares of Alerian MLP ETF by 10.4% in the 3rd quarter. Allen Investment Management LLC now owns 4,904,023 shares of the exchange traded fund’s stock worth $254,372,000 after buying an additional 463,628 shares in the last quarter. Trivium Point Advisory LLC increased its holdings in shares of Alerian MLP ETF by 649.9% in 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. Sanders Morris Harris LLC bought a new stake in shares of Alerian MLP ETF in the 3rd quarter worth about $10,286,000. Royal Bank of Canada increased its holdings in shares of Alerian MLP ETF by 6.8% in the 1st 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 last quarter. Finally, NewEdge Advisors LLC raised its position in shares of Alerian MLP ETF by 38.0% during the 1st quarter. NewEdge Advisors LLC now owns 557,518 shares of the exchange traded fund’s stock valued at $29,348,000 after buying an additional 153,401 shares in the last quarter.

Alerian MLP ETF Trading Up 0.6%

Shares of NYSEARCA AMLP opened at $50.95 on Wednesday. The firm’s 50-day moving average price is $53.35 and its 200-day moving average price is $52.91. The stock has a market capitalization of $12.24 billion, a price-to-earnings 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).