NTV Asset Management LLC Buys 12,000 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

NTV Asset Management LLC boosted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 18.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 76,817 shares of the exchange traded fund’s stock after buying an additional 12,000 shares during the period. NTV Asset Management LLC’s holdings in Alerian MLP ETF were worth $3,266,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. UBS Group AG lifted its position in shares of Alerian MLP ETF by 4.7% during the 3rd quarter. UBS Group AG now owns 2,884,519 shares of the exchange traded fund’s stock worth $121,727,000 after buying an additional 129,611 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Alerian MLP ETF by 8.6% during the third quarter. Envestnet Asset Management Inc. now owns 1,328,213 shares of the exchange traded fund’s stock worth $56,051,000 after acquiring an additional 104,779 shares in the last quarter. Raymond James & Associates raised its stake in Alerian MLP ETF by 5.1% during the fourth quarter. Raymond James & Associates now owns 1,305,809 shares of the exchange traded fund’s stock worth $55,523,000 after acquiring an additional 63,053 shares in the last quarter. Allen Investment Management LLC lifted its holdings in shares of Alerian MLP ETF by 2.5% in the third quarter. Allen Investment Management LLC now owns 1,096,931 shares of the exchange traded fund’s stock worth $46,290,000 after acquiring an additional 27,013 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Alerian MLP ETF by 58.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,030,729 shares of the exchange traded fund’s stock valued at $43,522,000 after purchasing an additional 380,025 shares in the last quarter.

Alerian MLP ETF Price Performance

AMLP stock traded up $0.41 during trading on Friday, reaching $47.30. 1,245,957 shares of the company were exchanged, compared to its average volume of 1,271,892. The company has a market capitalization of $8.51 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The company has a 50-day moving average of $46.86 and a two-hundred day moving average of $44.41. Alerian MLP ETF has a twelve month low of $37.06 and a twelve month high of $48.48.

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.