Alerian MLP ETF (NYSEARCA:AMLP) Stake Raised by Oxbow Advisors LLC

Oxbow Advisors LLC lifted its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 46.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,391 shares of the exchange traded fund’s stock after acquiring an additional 9,966 shares during the quarter. Oxbow Advisors LLC’s holdings in Alerian MLP ETF were worth $1,479,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Alerian MLP ETF by 94.4% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 15,676 shares of the exchange traded fund’s stock valued at $744,000 after buying an additional 7,614 shares during the period. Oppenheimer & Co. Inc. raised its holdings in shares of Alerian MLP ETF by 8.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 87,811 shares of the exchange traded fund’s stock valued at $4,168,000 after purchasing an additional 6,486 shares in the last quarter. Highland Capital Management LLC lifted its stake in shares of Alerian MLP ETF by 4.6% in the 1st quarter. Highland Capital Management LLC now owns 18,299 shares of the exchange traded fund’s stock valued at $868,000 after purchasing an additional 802 shares during the last quarter. Primoris Wealth Advisors LLC boosted its stake in shares of Alerian MLP ETF by 34.0% during the 1st quarter. Primoris Wealth Advisors LLC now owns 29,138 shares of the exchange traded fund’s stock worth $1,359,000 after acquiring an additional 7,399 shares in the last quarter. Finally, Concurrent Investment Advisors LLC bought a new stake in Alerian MLP ETF during the first quarter worth approximately $260,000.

Alerian MLP ETF Price Performance

NYSEARCA:AMLP traded down $0.17 during midday trading on Friday, reaching $48.18. The stock had a trading volume of 1,390,744 shares, compared to its average volume of 1,316,003. The stock has a market capitalization of $8.67 billion, a P/E ratio of 13.08 and a beta of 0.48. The firm’s fifty day simple moving average is $47.15 and its 200-day simple moving average is $47.05. Alerian MLP ETF has a 1-year low of $41.06 and a 1-year high of $49.44.

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.