Kingsview Wealth Management LLC lifted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 4.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 98,053 shares of the exchange traded fund’s stock after buying an additional 4,250 shares during the period. Kingsview Wealth Management LLC owned about 0.05% of Alerian MLP ETF worth $4,722,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Strategic Financial Concepts LLC acquired a new stake in Alerian MLP ETF in the 4th quarter valued at about $27,000. Ashton Thomas Securities LLC acquired a new stake in Alerian MLP ETF in the 3rd quarter valued at about $28,000. City State Bank acquired a new stake in Alerian MLP ETF in the 4th quarter valued at about $40,000. ORG Wealth Partners LLC acquired a new stake in Alerian MLP ETF in the 3rd quarter valued at about $41,000. Finally, Advisors Asset Management Inc. acquired a new stake in Alerian MLP ETF during the third quarter worth approximately $65,000.
Alerian MLP ETF Stock Down 0.3 %
Shares of AMLP stock opened at $52.18 on Friday. The firm has a 50 day moving average price of $49.98 and a two-hundred day moving average price of $48.25. The company has a market capitalization of $9.39 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 12-month low of $43.02 and a 12-month high of $53.24.
About Alerian MLP ETF
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.
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