Perissos Private Wealth Management LLC Raises Position in Alerian MLP ETF $AMLP

Perissos Private Wealth Management LLC grew its position in Alerian MLP ETF (NYSEARCA:AMLP) by 2.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 22,576 shares of the exchange traded fund’s stock after buying an additional 620 shares during the period. Perissos Private Wealth Management LLC’s holdings in Alerian MLP ETF were worth $1,103,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Nova Wealth Management Inc. purchased a new position in Alerian MLP ETF in the second quarter worth about $28,000. Headlands Technologies LLC purchased a new position in shares of Alerian MLP ETF during the first quarter valued at approximately $31,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Alerian MLP ETF during the second quarter valued at approximately $29,000. Golden State Wealth Management LLC purchased a new position in shares of Alerian MLP ETF during the first quarter valued at approximately $34,000. Finally, Crews Bank & Trust purchased a new position in shares of Alerian MLP ETF during the second quarter valued at approximately $39,000.

Alerian MLP ETF Stock Down 0.4%

AMLP opened at $46.74 on Friday. The firm has a 50 day moving average price of $47.18 and a 200-day moving average price of $48.12. Alerian MLP ETF has a twelve month low of $43.75 and a twelve month high of $53.24. The stock has a market capitalization of $10.28 billion, a price-to-earnings ratio of 14.17 and a beta of 1.42.

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.