Greenspring Advisors LLC Takes $1.62 Million Position in Alerian MLP ETF $AMLP

Greenspring Advisors LLC acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 34,489 shares of the exchange traded fund’s stock, valued at approximately $1,622,000.

Several other institutional investors and hedge funds have also made changes to their positions in AMLP. Brighton Jones LLC boosted its holdings in shares of Alerian MLP ETF by 19.4% in the fourth quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock valued at $2,157,000 after acquiring an additional 7,280 shares in the last quarter. Qube Research & Technologies Ltd boosted its holdings in shares of Alerian MLP ETF by 16.4% in the second quarter. Qube Research & Technologies Ltd now owns 141,189 shares of the exchange traded fund’s stock valued at $6,898,000 after acquiring an additional 19,916 shares in the last quarter. Sei Investments Co. bought a new position in shares of Alerian MLP ETF in the second quarter valued at approximately $623,000. Diversify Advisory Services LLC acquired a new position in shares of Alerian MLP ETF in the 2nd quarter worth approximately $224,000. Finally, Quantinno Capital Management LP grew its stake in shares of Alerian MLP ETF by 63.3% in the 2nd quarter. Quantinno Capital Management LP now owns 50,768 shares of the exchange traded fund’s stock worth $2,481,000 after purchasing an additional 19,678 shares during the last quarter.

Alerian MLP ETF Price Performance

Shares of AMLP opened at $52.59 on Thursday. The firm’s 50 day moving average is $52.87 and its 200-day moving average is $50.58. The stock has a market capitalization of $12.27 billion, a P/E ratio of 14.17 and a beta of 0.52. Alerian MLP ETF has a 12-month low of $44.64 and a 12-month high of $55.22.

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).