Teamwork Financial Advisors LLC Has $440,000 Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Teamwork Financial Advisors LLC lessened its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 4.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,147 shares of the exchange traded fund’s stock after selling 452 shares during the period. Teamwork Financial Advisors LLC’s holdings in Alerian MLP ETF were worth $440,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AMLP. Lake Hills Wealth Management LLC grew its stake in Alerian MLP ETF by 4.8% in the 4th quarter. Lake Hills Wealth Management LLC now owns 160,882 shares of the exchange traded fund’s stock valued at $7,748,000 after buying an additional 7,341 shares during the last quarter. GoalVest Advisory LLC boosted its holdings in Alerian MLP ETF by 1.1% during the fourth quarter. GoalVest Advisory LLC now owns 24,714 shares of the exchange traded fund’s stock valued at $1,190,000 after acquiring an additional 271 shares during the period. Madison Park Capital Advisors LLC grew its position in shares of Alerian MLP ETF by 5.3% in the fourth quarter. Madison Park Capital Advisors LLC now owns 134,715 shares of the exchange traded fund’s stock valued at $6,488,000 after purchasing an additional 6,832 shares during the last quarter. Sterling Investment Management LLC increased its stake in shares of Alerian MLP ETF by 43.9% in the fourth quarter. Sterling Investment Management LLC now owns 31,124 shares of the exchange traded fund’s stock worth $1,499,000 after purchasing an additional 9,502 shares during the period. Finally, White Pine Investment CO increased its stake in shares of Alerian MLP ETF by 1.3% in the fourth quarter. White Pine Investment CO now owns 90,495 shares of the exchange traded fund’s stock worth $4,358,000 after purchasing an additional 1,201 shares during the period.

Alerian MLP ETF Stock Down 1.0 %

Shares of NYSEARCA:AMLP opened at $51.95 on Thursday. The company has a market cap of $9.34 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The business has a 50 day moving average price of $49.27 and a 200 day moving average price of $47.96. Alerian MLP ETF has a twelve month low of $43.02 and a twelve month high of $52.82.

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.