Alerian MLP ETF $AMLP Shares Acquired by Mutual Advisors LLC

Mutual Advisors LLC boosted its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 121.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,583 shares of the exchange traded fund’s stock after buying an additional 10,193 shares during the period. Mutual Advisors LLC’s holdings in Alerian MLP ETF were worth $872,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in AMLP. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Alerian MLP ETF in the 2nd quarter worth about $29,000. Manchester Capital Management LLC bought a new position in Alerian MLP ETF in the 2nd quarter worth about $29,000. GAMMA Investing LLC increased its stake in shares of Alerian MLP ETF by 213.9% in the third quarter. GAMMA Investing LLC now owns 653 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 445 shares during the period. MJT & Associates Financial Advisory Group Inc. increased its stake in shares of Alerian MLP ETF by 136.3% in the third quarter. MJT & Associates Financial Advisory Group Inc. now owns 945 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 545 shares during the period. Finally, HM Payson & Co. bought a new stake in shares of Alerian MLP ETF during the third quarter valued at approximately $47,000.

Alerian MLP ETF Trading Up 0.6%

Shares of NYSEARCA AMLP opened at $50.62 on Thursday. Alerian MLP ETF has a 12-month low of $43.75 and a 12-month high of $53.24. The company has a market cap of $11.41 billion, a PE ratio of 14.17 and a beta of 0.70. The stock has a 50 day simple moving average of $48.09 and a 200-day simple moving average of $47.71.

Alerian MLP ETF 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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).