MLP ETF (AMLP) Hits New 52-Week High

Alerian MLP ETF (AMLP) is probably on the radar for investors seeking momentum. The fund just hit a 52- week high and has moved up 23.5% from its 52-week low price of $43.75 per share. Are more gains in store for this ETF? Let us take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed. AMLP in Focus The underlying Alerian MLP Infrastructure Index is capped, float-adjusted, capitalization-weighted composite of energy infrastructure Master Limited Partner ...