Alerian MLP ETF (NYSEARCA:AMLP) Shares Purchased by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC lifted its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 3.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 16,625 shares of the exchange traded fund’s stock after purchasing an additional 563 shares during the period. Capital Advisors Ltd. LLC’s holdings in Alerian MLP ETF were worth $707,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in AMLP. AE Wealth Management LLC increased its holdings in shares of Alerian MLP ETF by 170.8% in the third quarter. AE Wealth Management LLC now owns 42,182 shares of the exchange traded fund’s stock valued at $1,780,000 after purchasing an additional 26,608 shares during the last quarter. HB Wealth Management LLC increased its stake in Alerian MLP ETF by 6.7% during the third quarter. HB Wealth Management LLC now owns 6,082 shares of the exchange traded fund’s stock worth $257,000 after acquiring an additional 382 shares during the last quarter. RFG Advisory LLC increased its stake in Alerian MLP ETF by 25.1% during the third quarter. RFG Advisory LLC now owns 8,903 shares of the exchange traded fund’s stock worth $376,000 after acquiring an additional 1,786 shares during the last quarter. DAVENPORT & Co LLC increased its stake in Alerian MLP ETF by 0.7% during the third quarter. DAVENPORT & Co LLC now owns 49,559 shares of the exchange traded fund’s stock worth $2,091,000 after acquiring an additional 356 shares during the last quarter. Finally, Mach 1 Financial Group LLC increased its stake in Alerian MLP ETF by 6.6% during the third quarter. Mach 1 Financial Group LLC now owns 8,183 shares of the exchange traded fund’s stock worth $345,000 after acquiring an additional 507 shares during the last quarter.

Alerian MLP ETF Trading Up 0.5 %

AMLP stock traded up $0.23 during midday trading on Wednesday, hitting $47.50. 1,428,582 shares of the company’s stock were exchanged, compared to its average volume of 1,265,061. The business has a 50-day simple moving average of $46.60 and a two-hundred day simple moving average of $44.18. The stock has a market capitalization of $8.46 billion, a PE ratio of 12.87 and a beta of 0.51. Alerian MLP ETF has a 1-year low of $37.06 and a 1-year high of $48.48.

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.