D. E. Shaw & Co. Inc. Acquires 468,083 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

D. E. Shaw & Co. Inc. raised its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 1,482.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 499,667 shares of the exchange traded fund’s stock after acquiring an additional 468,083 shares during the quarter. D. E. Shaw & Co. Inc.’s holdings in Alerian MLP ETF were worth $24,064,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in AMLP. Proficio Capital Partners LLC boosted its holdings in Alerian MLP ETF by 3,928.2% in the 4th quarter. Proficio Capital Partners LLC now owns 16,224,276 shares of the exchange traded fund’s stock valued at $781,361,000 after purchasing an additional 15,821,509 shares during the period. Raymond James Financial Inc. purchased a new position in Alerian MLP ETF during the fourth quarter worth about $104,132,000. Bank of America Corp DE increased its stake in Alerian MLP ETF by 16.3% in the 4th quarter. Bank of America Corp DE now owns 8,235,482 shares of the exchange traded fund’s stock worth $396,621,000 after acquiring an additional 1,156,735 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Alerian MLP ETF by 19.4% in the 4th quarter. Wells Fargo & Company MN now owns 6,299,345 shares of the exchange traded fund’s stock valued at $303,376,000 after acquiring an additional 1,023,323 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of Alerian MLP ETF by 16.7% in the 4th quarter. LPL Financial LLC now owns 2,801,023 shares of the exchange traded fund’s stock valued at $134,897,000 after acquiring an additional 401,061 shares in the last quarter.

Alerian MLP ETF Trading Up 0.8%

AMLP stock opened at $48.44 on Monday. The company’s 50 day moving average is $49.40 and its 200 day moving average is $49.64. The stock has a market cap of $10.07 billion, a price-to-earnings ratio of 13.17 and a beta of 0.99. Alerian MLP ETF has a 1-year low of $43.75 and a 1-year high of $53.24.

About Alerian MLP ETF

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.