MassMutual Private Wealth & Trust FSB Acquires 6,940 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

MassMutual Private Wealth & Trust FSB increased its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 808.9% during the fourth quarter, HoldingsChannel reports. The fund owned 7,798 shares of the exchange traded fund’s stock after acquiring an additional 6,940 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Alerian MLP ETF were worth $376,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Ashton Thomas Securities LLC bought a new stake in shares of Alerian MLP ETF in the 3rd quarter worth approximately $28,000. Massmutual Trust Co. FSB ADV bought a new position in Alerian MLP ETF in the third quarter worth $40,000. City State Bank acquired a new stake in Alerian MLP ETF during the fourth quarter worth $40,000. ORG Wealth Partners LLC bought a new stake in Alerian MLP ETF in the 3rd quarter valued at $41,000. Finally, Advisors Asset Management Inc. acquired a new position in shares of Alerian MLP ETF in the 3rd quarter valued at $65,000.

Alerian MLP ETF Stock Performance

Shares of Alerian MLP ETF stock opened at $51.95 on Thursday. The firm has a market cap of $9.34 billion, a P/E ratio of 13.08 and a beta of 0.48. The firm’s 50-day simple moving average is $49.27 and its 200-day simple moving average is $47.96. Alerian MLP ETF has a twelve month low of $43.02 and a twelve month high of $52.82.

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.