Brookstone Capital Management Sells 15,182 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Brookstone Capital Management decreased its position in Alerian MLP ETF (NYSEARCA:AMLP – Get Rating) by 16.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 75,385 shares of the exchange traded fund’s stock after selling 15,182 shares during the quarter. Brookstone Capital Management’s holdings in Alerian MLP ETF were worth $2,957,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Ancora Advisors LLC grew its stake in shares of Alerian MLP ETF by 114.3% in the 1st quarter. Ancora Advisors LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 640 shares in the last quarter. Chilton Capital Management LLC acquired a new stake in Alerian MLP ETF in the 2nd quarter worth approximately $40,000. Signature Securities Group Corporation acquired a new stake in Alerian MLP ETF in the 3rd quarter worth approximately $40,000. Centiva Capital LP acquired a new stake in Alerian MLP ETF in the 2nd quarter worth approximately $61,000. Finally, Pinnacle Bancorp Inc. acquired a new stake in Alerian MLP ETF in the 3rd quarter worth approximately $91,000.

Alerian MLP ETF Stock Performance

AMLP opened at $37.04 on Friday. The business has a 50 day moving average price of $39.66 and a 200 day moving average price of $39.30. Alerian MLP ETF has a twelve month low of $32.25 and a twelve month high of $42.47. The firm has a market cap of $6.19 billion, a P/E ratio of 13.30 and a beta of 1.46.

Alerian MLP ETF Profile

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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.