Trivium Point Advisory LLC Raises Stock Holdings in Alerian MLP ETF $AMLP

Trivium Point Advisory LLC boosted its position in Alerian MLP ETF (NYSEARCA:AMLP) by 649.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 378,254 shares of the exchange traded fund’s stock after purchasing an additional 327,813 shares during the period. Alerian MLP ETF accounts for about 1.8% of Trivium Point Advisory LLC’s portfolio, making the stock its 10th biggest holding. Trivium Point Advisory LLC owned about 0.16% of Alerian MLP ETF worth $19,612,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of AMLP. Global Trust Asset Management LLC boosted its stake in shares of Alerian MLP ETF by 600.0% during the first quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 600 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Alerian MLP ETF by 800.0% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,125 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 1,000 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Alerian MLP ETF in the 4th quarter valued at approximately $57,000. Palladiem LLC bought a new position in Alerian MLP ETF in the 4th quarter valued at approximately $60,000. Finally, BROOKFIELD Corp ON acquired a new stake in Alerian MLP ETF during the 2nd quarter worth approximately $65,000.

Alerian MLP ETF Price Performance

NYSEARCA:AMLP opened at $54.96 on Monday. Alerian MLP ETF has a one year low of $44.64 and a one year high of $55.66. The company has a market cap of $12.91 billion, a PE ratio of 14.17 and a beta of 0.50. The firm’s 50 day simple moving average is $53.18 and its 200 day simple moving average is $52.62.

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. 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).