Oxbow Advisors LLC Acquires 23,904 Shares of Alerian MLP ETF $AMLP

Oxbow Advisors LLC raised its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 11.8% during the fourth quarter, HoldingsChannel reports. The firm owned 226,260 shares of the exchange traded fund’s stock after acquiring an additional 23,904 shares during the quarter. Alerian MLP ETF accounts for 0.9% of Oxbow Advisors LLC’s holdings, making the stock its 22nd largest position. Oxbow Advisors LLC’s holdings in Alerian MLP ETF were worth $10,639,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of AMLP. Brighton Jones LLC raised its stake in Alerian MLP ETF by 19.4% during the fourth quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock worth $2,157,000 after acquiring an additional 7,280 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in shares of Alerian MLP ETF by 16.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 141,189 shares of the exchange traded fund’s stock valued at $6,898,000 after purchasing an additional 19,916 shares in the last quarter. Sei Investments Co. bought a new stake in shares of Alerian MLP ETF during the 2nd quarter valued at approximately $623,000. Diversify Advisory Services LLC bought a new stake in shares of Alerian MLP ETF during the 2nd quarter valued at approximately $224,000. Finally, Quantinno Capital Management LP increased its position in Alerian MLP ETF by 63.3% during 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 in the last quarter.

Alerian MLP ETF Price Performance

Shares of NYSEARCA:AMLP opened at $53.16 on Friday. Alerian MLP ETF has a one year low of $44.64 and a one year high of $54.25. The company has a market cap of $12.40 billion, a price-to-earnings ratio of 14.17 and a beta of 0.52. The firm has a 50 day simple moving average of $52.46 and a 200 day simple moving average of $49.68.

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).