Ballew Advisors Inc Raises Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Ballew Advisors Inc increased its position in Alerian MLP ETF (NYSEARCA:AMLP) by 3.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 9,385 shares of the exchange traded fund’s stock after purchasing an additional 300 shares during the period. Ballew Advisors Inc’s holdings in Alerian MLP ETF were worth $405,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in AMLP. Sanctuary Wealth Management L.L.C. purchased a new stake in shares of Alerian MLP ETF in the fourth quarter valued at about $29,000. Provence Wealth Management Group acquired a new stake in Alerian MLP ETF in the third quarter valued at about $31,000. Tower Research Capital LLC TRC lifted its holdings in shares of Alerian MLP ETF by 8,000.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 810 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 800 shares during the period. ICA Group Wealth Management LLC purchased a new stake in shares of Alerian MLP ETF during the 4th quarter worth $34,000. Finally, Ancora Advisors LLC boosted its holdings in Alerian MLP ETF by 114.3% during the first quarter. Ancora Advisors LLC now owns 1,200 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 640 shares in the last quarter.

Alerian MLP ETF Stock Up 0.8 %

Shares of AMLP traded up $0.37 on Thursday, reaching $47.46. The stock had a trading volume of 1,128,886 shares, compared to its average volume of 1,244,244. The firm has a market capitalization of $7.77 billion, a PE ratio of 13.30 and a beta of 1.42. Alerian MLP ETF has a twelve month low of $37.06 and a twelve month high of $47.55. The firm has a 50-day moving average of $45.41 and a 200 day moving average of $43.45.

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.