Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC cut its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 21.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,800 shares of the exchange traded fund’s stock after selling 3,269 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Alerian MLP ETF were worth $568,000 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. Perigon Wealth Management LLC increased its position in shares of Alerian MLP ETF by 6.8% during the fourth quarter. Perigon Wealth Management LLC now owns 39,089 shares of the exchange traded fund’s stock worth $2,012,000 after acquiring an additional 2,476 shares during the period. Griffin Asset Management Inc. lifted its stake in Alerian MLP ETF by 43.9% in the fourth quarter. Griffin Asset Management Inc. now owns 73,316 shares of the exchange traded fund’s stock worth $3,531,000 after acquiring an additional 22,377 shares during the last quarter. FFG Retirement Advisors LLC grew its holdings in Alerian MLP ETF by 1.2% during the 4th quarter. FFG Retirement Advisors LLC now owns 47,395 shares of the exchange traded fund’s stock worth $2,283,000 after acquiring an additional 548 shares in the last quarter. Mattern Wealth Management LLC increased its position in shares of Alerian MLP ETF by 57.9% in the 4th quarter. Mattern Wealth Management LLC now owns 9,000 shares of the exchange traded fund’s stock valued at $433,000 after purchasing an additional 3,300 shares during the last quarter. Finally, Blue Trust Inc. grew its stake in shares of Alerian MLP ETF by 11.1% during the fourth quarter. Blue Trust Inc. now owns 35,090 shares of the exchange traded fund’s stock worth $1,654,000 after purchasing an additional 3,519 shares in the last quarter.

Alerian MLP ETF Price Performance

NYSEARCA:AMLP opened at $51.76 on Wednesday. Alerian MLP ETF has a 12 month low of $43.02 and a 12 month high of $52.82. The firm has a market capitalization of $9.31 billion, a PE ratio of 13.08 and a beta of 0.48. The business’s fifty day moving average price is $49.57 and its 200 day moving average price is $48.05.

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.