Global Retirement Partners LLC Lowers Stake in Alerian MLP ETF $AMLP

Global Retirement Partners LLC lessened its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 35.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 64,937 shares of the exchange traded fund’s stock after selling 35,588 shares during the period. Global Retirement Partners LLC’s holdings in Alerian MLP ETF were worth $3,053,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Oxbow Advisors LLC boosted its position in Alerian MLP ETF by 11.5% during the 3rd quarter. Oxbow Advisors LLC now owns 202,356 shares of the exchange traded fund’s stock worth $9,497,000 after purchasing an additional 20,800 shares during the period. Empirical Asset Management LLC purchased a new stake in Alerian MLP ETF during the 3rd quarter worth $735,000. Algorithmic Investment Models LLC boosted its position in Alerian MLP ETF by 21.4% during the 3rd quarter. Algorithmic Investment Models LLC now owns 107,951 shares of the exchange traded fund’s stock worth $5,066,000 after purchasing an additional 19,039 shares during the period. Investment House LLC purchased a new stake in Alerian MLP ETF during the 3rd quarter worth $735,000. Finally, Evexia Wealth LLC boosted its position in Alerian MLP ETF by 76.6% during the 4th quarter. Evexia Wealth LLC now owns 34,676 shares of the exchange traded fund’s stock worth $1,703,000 after purchasing an additional 15,039 shares during the period.

Alerian MLP ETF Trading Up 0.6%

Shares of Alerian MLP ETF stock opened at $54.52 on Friday. The company has a fifty day moving average price of $52.85 and a 200 day moving average price of $50.23. Alerian MLP ETF has a twelve month low of $44.64 and a twelve month high of $55.22. The stock has a market cap of $12.72 billion, a price-to-earnings ratio of 14.17 and a beta of 0.52.

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).