Gamco Investors INC. ET AL Sells 1,200 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Gamco Investors INC. ET AL cut its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 6.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 18,480 shares of the exchange traded fund’s stock after selling 1,200 shares during the period. Gamco Investors INC. ET AL’s holdings in Alerian MLP ETF were worth $890,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMLP. LaSalle St. Investment Advisors LLC lifted its position in shares of Alerian MLP ETF by 19.1% during the 4th quarter. LaSalle St. Investment Advisors LLC now owns 15,016 shares of the exchange traded fund’s stock valued at $723,000 after acquiring an additional 2,412 shares during the period. Belpointe Asset Management LLC increased its stake in Alerian MLP ETF by 32.2% in the fourth quarter. Belpointe Asset Management LLC now owns 17,477 shares of the exchange traded fund’s stock valued at $828,000 after purchasing an additional 4,261 shares in the last quarter. CreativeOne Wealth LLC acquired a new position in shares of Alerian MLP ETF during the fourth quarter valued at about $214,000. Mariner LLC boosted its position in shares of Alerian MLP ETF by 29.2% during the 4th quarter. Mariner LLC now owns 91,448 shares of the exchange traded fund’s stock worth $4,404,000 after purchasing an additional 20,644 shares in the last quarter. Finally, Keystone Financial Group acquired a new stake in shares of Alerian MLP ETF in the 4th quarter valued at about $350,000.

Alerian MLP ETF Price Performance

Shares of Alerian MLP ETF stock opened at $48.64 on Friday. The business has a 50-day simple moving average of $50.33 and a 200 day simple moving average of $49.49. The firm has a market capitalization of $10.08 billion, a price-to-earnings ratio of 14.02 and a beta of 0.99. Alerian MLP ETF has a one year low of $43.75 and a one year high of $53.24.

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.