19,391 Shares in Alerian MLP ETF $AMLP Bought by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC acquired a new position in shares of Alerian MLP ETF (NYSEARCA:AMLP) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,391 shares of the exchange traded fund’s stock, valued at approximately $899,000.

A number of other large investors have also recently bought and sold shares of the company. Nova Wealth Management Inc. acquired a new position in shares of Alerian MLP ETF in the 2nd quarter valued at approximately $28,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Alerian MLP ETF during the 2nd quarter worth approximately $29,000. Manchester Capital Management LLC bought a new position in Alerian MLP ETF in the second quarter valued at approximately $29,000. GAMMA Investing LLC raised its position in Alerian MLP ETF by 213.9% during the third quarter. GAMMA Investing LLC now owns 653 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 445 shares in the last quarter. Finally, Crews Bank & Trust acquired a new position in Alerian MLP ETF during the second quarter valued at approximately $39,000.

Alerian MLP ETF Stock Performance

Shares of AMLP stock opened at $47.18 on Thursday. The stock’s fifty day moving average price is $46.98 and its two-hundred day moving average price is $47.75. The company has a market cap of $10.35 billion, a PE ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $53.24.

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).