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ALERIAN MLP ETF DECLARES FOURTH QUARTER DISTRIBUTION OF $0.95
PRNewswire (Wed, 13-Nov 9:30 AM ET)
The Fund seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the "Index"). The Fund employs a "passive management" - or indexing - investment approach designed to track the performance of 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.
Alerian MLP ETF trades on the ARCA stock market under the symbol AMLP.
As of February 4, 2025, AMLP stock price climbed to $52.71 with 1,575,123 million shares trading.
AMLP has a beta of 0.50, meaning it tends to be less sensitive to market movements. AMLP has a correlation of 0.23 to the broad based SPY ETF.
AMLP has a market cap of $10.66 billion. This is considered a Large Cap stock.
In the last 3 years, AMLP traded as high as $52.85 and as low as $32.25.
AMLP has outperformed the market in the last year with a price return of +27.3% while the SPY ETF gained +23.2%. AMLP has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +14.7% and +0.5%, respectively, while the SPY returned +6.0% and -0.2%, respectively.
AMLP support price is $51.67 and resistance is $52.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMLP shares will trade within this expected range on the day.