NewDay Solutions LLC Takes Position in Alerian MLP ETF (NYSEARCA:AMLP)

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NewDay Solutions LLC bought a new stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) during the third quarter, HoldingsChannel reports. The firm bought 44,650 shares of the exchange traded fund’s stock, valued at approximately $392,000.

Several other hedge funds have also made changes to their positions in the company. Creative Planning raised its position in shares of Alerian MLP ETF by 77.5% in the 3rd quarter. Creative Planning now owns 27,154,066 shares of the exchange traded fund’s stock worth $248,188,000 after purchasing an additional 11,852,224 shares during the last quarter. Hershey Trust Co. purchased a new position in Alerian MLP ETF in the 2nd quarter worth about $50,173,000. Sfmg LLC raised its position in Alerian MLP ETF by 385.3% in the 2nd quarter. Sfmg LLC now owns 3,941,256 shares of the exchange traded fund’s stock worth $39,373,000 after buying an additional 3,129,129 shares during the last quarter. Diameter Capital Partners LP raised its position in Alerian MLP ETF by 124.0% in the 2nd quarter. Diameter Capital Partners LP now owns 2,800,000 shares of the exchange traded fund’s stock worth $27,580,000 after buying an additional 1,550,000 shares during the last quarter. Finally, Royal Bank of Canada raised its position in Alerian MLP ETF by 5.0% in the 2nd quarter. Royal Bank of Canada now owns 25,592,307 shares of the exchange traded fund’s stock worth $252,083,000 after buying an additional 1,210,944 shares during the last quarter.

NYSEARCA:AMLP traded down $0.03 during mid-day trading on Tuesday, reaching $8.21. The company’s stock had a trading volume of 20,618,546 shares, compared to its average volume of 15,987,154. Alerian MLP ETF has a 12-month low of $8.24 and a 12-month high of $10.25. The firm’s fifty day moving average price is $8.81 and its two-hundred day moving average price is $9.43.

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.

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Want to see what other hedge funds are holding AMLP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alerian MLP ETF (NYSEARCA:AMLP).

Institutional Ownership by Quarter for Alerian MLP ETF (NYSEARCA:AMLP)

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