Schuylkill Financial LLC Invests $927,000 in Alerian MLP ETF $AMLP

Schuylkill Financial LLC purchased a new stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) during the second quarter, Holdings Channel.com reports. The firm purchased 17,878 shares of the exchange traded fund’s stock, valued at approximately $927,000.

Other hedge funds have also made changes to their positions in the company. Greenspring Advisors LLC purchased a new position in shares of Alerian MLP ETF during the fourth quarter valued at $1,622,000. Prevail Innovative Wealth Advisors LLC raised its position in Alerian MLP ETF by 27.5% during the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 60,990 shares of the exchange traded fund’s stock valued at $2,868,000 after buying an additional 13,136 shares during the period. Bard Associates Inc. lifted its stake in Alerian MLP ETF by 70.7% in the 4th quarter. Bard Associates Inc. now owns 172,527 shares of the exchange traded fund’s stock worth $8,112,000 after acquiring an additional 71,446 shares in the last quarter. Cary Street Partners Financial LLC lifted its stake in Alerian MLP ETF by 19.1% in the 4th quarter. Cary Street Partners Financial LLC now owns 257,238 shares of the exchange traded fund’s stock worth $12,095,000 after acquiring an additional 41,186 shares in the last quarter. Finally, Financial Management Network Inc. purchased a new stake in Alerian MLP ETF in the 1st quarter worth about $9,591,000.

Alerian MLP ETF Trading Up 0.5%

Shares of NYSEARCA AMLP opened at $55.72 on Friday. Alerian MLP ETF has a one year low of $44.64 and a one year high of $56.06. The business has a 50-day moving average price of $54.32 and a two-hundred day moving average price of $53.10. The firm has a market capitalization of $13.09 billion, a PE ratio of 14.17 and a beta of 0.51.

Alerian MLP ETF Company 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).