Miller Howard Investments Inc. NY Purchases Shares of 15,752 Alerian MLP ETF (NYSEARCA:AMLP)

Miller Howard Investments Inc. NY acquired a new position in shares of Alerian MLP ETF (NYSEARCA:AMLP) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 15,752 shares of the exchange traded fund’s stock, valued at approximately $759,000.

Several other institutional investors have also recently modified their holdings of the stock. Strategic Financial Concepts LLC acquired a new stake in shares of Alerian MLP ETF during the 4th quarter worth about $27,000. Ashton Thomas Securities LLC acquired a new stake in Alerian MLP ETF during the third quarter worth approximately $28,000. City State Bank purchased a new stake in Alerian MLP ETF in the 4th quarter worth approximately $40,000. ORG Wealth Partners LLC purchased a new stake in Alerian MLP ETF in the 3rd quarter worth approximately $41,000. Finally, Advisors Asset Management Inc. acquired a new position in Alerian MLP ETF in the 3rd quarter valued at $65,000.

Alerian MLP ETF Stock Down 0.3 %

AMLP stock opened at $52.18 on Monday. The stock has a market capitalization of $9.39 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52-week low of $43.02 and a 52-week high of $53.24. The stock’s fifty day simple moving average is $49.98 and its 200-day simple moving average is $48.25.

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.