Aviance Capital Partners LLC Sells 10,150 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Aviance Capital Partners LLC trimmed its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 25.0% in the fourth quarter, Holdings Channel reports. The fund owned 30,482 shares of the exchange traded fund’s stock after selling 10,150 shares during the quarter. Aviance Capital Partners LLC’s holdings in Alerian MLP ETF were worth $1,296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of AMLP. Huntington National Bank raised its stake in Alerian MLP ETF by 4.8% during the 3rd quarter. Huntington National Bank now owns 5,149 shares of the exchange traded fund’s stock valued at $217,000 after purchasing an additional 237 shares during the last quarter. Raab & Moskowitz Asset Management LLC raised its position in shares of Alerian MLP ETF by 1.4% during the fourth quarter. Raab & Moskowitz Asset Management LLC now owns 17,592 shares of the exchange traded fund’s stock valued at $748,000 after buying an additional 244 shares during the last quarter. Lmcg Investments LLC lifted its stake in shares of Alerian MLP ETF by 2.2% in the third quarter. Lmcg Investments LLC now owns 11,987 shares of the exchange traded fund’s stock valued at $506,000 after buying an additional 262 shares during the period. Bison Wealth LLC grew its position in Alerian MLP ETF by 1.6% during the third quarter. Bison Wealth LLC now owns 17,176 shares of the exchange traded fund’s stock worth $725,000 after buying an additional 269 shares in the last quarter. Finally, Walker Asset Management LLC increased its stake in Alerian MLP ETF by 2.1% during the fourth quarter. Walker Asset Management LLC now owns 13,212 shares of the exchange traded fund’s stock valued at $562,000 after acquiring an additional 272 shares during the period.

Alerian MLP ETF Stock Performance

Shares of AMLP stock traded up $0.11 during mid-day trading on Monday, reaching $47.41. The company’s stock had a trading volume of 1,143,141 shares, compared to its average volume of 1,270,412. The firm’s 50-day moving average is $46.86 and its two-hundred day moving average is $44.43. The company has a market cap of $8.53 billion, a P/E ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 1-year low of $37.06 and a 1-year high of $48.48.

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.