Nvwm LLC Has $2.33 Million Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Nvwm LLC boosted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 57.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 48,399 shares of the exchange traded fund’s stock after purchasing an additional 17,659 shares during the period. Nvwm LLC’s holdings in Alerian MLP ETF were worth $2,331,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new stake in shares of Alerian MLP ETF during the third quarter worth approximately $28,000. City State Bank acquired a new stake in shares of Alerian MLP ETF during the 4th quarter valued at $40,000. ORG Wealth Partners LLC acquired a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at $41,000. Advisors Asset Management Inc. purchased a new position in shares of Alerian MLP ETF during the 3rd quarter valued at $65,000. Finally, Rosenberg Matthew Hamilton raised its holdings in shares of Alerian MLP ETF by 803.5% during the third quarter. Rosenberg Matthew Hamilton now owns 1,545 shares of the exchange traded fund’s stock worth $73,000 after acquiring an additional 1,374 shares in the last quarter.

Alerian MLP ETF Trading Up 0.8 %

AMLP opened at $52.71 on Wednesday. Alerian MLP ETF has a 1 year low of $43.02 and a 1 year high of $52.85. The stock has a fifty day moving average price of $49.86 and a 200 day moving average price of $48.17. The stock has a market cap of $9.48 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF Company 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.