Alerian MLP ETF (NYSEARCA:AMLP) Stake Boosted by Avior Wealth Management LLC

Avior Wealth Management LLC lifted its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 13.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,086 shares of the exchange traded fund’s stock after acquiring an additional 1,311 shares during the quarter. Avior Wealth Management LLC’s holdings in Alerian MLP ETF were worth $534,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of AMLP. Ashton Thomas Securities LLC purchased a new stake in shares of Alerian MLP ETF during the 3rd quarter worth about $28,000. Massmutual Trust Co. FSB ADV acquired a new position in Alerian MLP ETF in the third quarter worth approximately $40,000. City State Bank bought a new position in Alerian MLP ETF during the fourth quarter valued at approximately $40,000. ORG Wealth Partners LLC acquired a new stake in Alerian MLP ETF in the third quarter valued at approximately $41,000. Finally, Advisors Asset Management Inc. bought a new stake in Alerian MLP ETF in the third quarter worth approximately $65,000.

Alerian MLP ETF Trading Up 0.0 %

Alerian MLP ETF stock opened at $52.10 on Friday. Alerian MLP ETF has a 1-year low of $43.02 and a 1-year high of $52.82. The firm’s fifty day simple moving average is $49.45 and its 200-day simple moving average is $48.01. The company has a market capitalization of $9.37 billion, a P/E ratio of 13.08 and a beta of 0.48.

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.