Alerian MLP ETF Sees Unusually Large Options Volume (NYSEARCA:AMLP)

Alerian MLP ETF (NYSEARCA:AMLP) saw some unusual options trading on Tuesday. Stock traders bought 8,045 put options on the company. This represents an increase of 653% compared to the typical volume of 1,069 put options.

Alerian MLP ETF Stock Performance

Shares of AMLP opened at $53.06 on Thursday. The stock has a 50-day moving average of $49.92 and a two-hundred day moving average of $48.20. The stock has a market cap of $9.54 billion, a P/E ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a one year low of $43.02 and a one year high of $53.08.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AMLP. Ashton Thomas Securities LLC purchased a new stake in Alerian MLP ETF in the 3rd quarter worth approximately $28,000. City State Bank purchased a new stake in Alerian MLP ETF during the fourth quarter worth $40,000. Massmutual Trust Co. FSB ADV acquired a new stake in Alerian MLP ETF during the third quarter valued at $40,000. ORG Wealth Partners LLC purchased a new position in Alerian MLP ETF in the third quarter valued at $41,000. Finally, Advisors Asset Management Inc. acquired a new position in shares of Alerian MLP ETF in the third quarter worth about $65,000.

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.