Alerian MLP ETF $AMLP Shares Acquired by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC boosted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 92,860.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,944 shares of the exchange traded fund’s stock after acquiring an additional 13,929 shares during the period. Cornerstone Planning Group LLC’s holdings in Alerian MLP ETF were worth $698,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Oxbow Advisors LLC raised its stake in shares of Alerian MLP ETF by 11.5% in the 3rd quarter. Oxbow Advisors LLC now owns 202,356 shares of the exchange traded fund’s stock valued at $9,497,000 after buying an additional 20,800 shares in the last quarter. Empirical Asset Management LLC acquired a new position in shares of Alerian MLP ETF in the 3rd quarter valued at $735,000. Algorithmic Investment Models LLC raised its stake in shares of Alerian MLP ETF by 21.4% in the 3rd quarter. Algorithmic Investment Models LLC now owns 107,951 shares of the exchange traded fund’s stock valued at $5,066,000 after buying an additional 19,039 shares in the last quarter. Ball & Co Wealth Management Inc. raised its stake in shares of Alerian MLP ETF by 6.8% in the 3rd quarter. Ball & Co Wealth Management Inc. now owns 216,829 shares of the exchange traded fund’s stock valued at $10,175,000 after buying an additional 13,843 shares in the last quarter. Finally, Investment House LLC acquired a new position in shares of Alerian MLP ETF in the 3rd quarter valued at $735,000.

Alerian MLP ETF Stock Performance

Shares of AMLP stock opened at $53.62 on Friday. Alerian MLP ETF has a 52-week low of $44.64 and a 52-week high of $54.20. The stock has a market cap of $12.51 billion, a price-to-earnings ratio of 14.17 and a beta of 0.52. The firm has a fifty day moving average of $52.36 and a 200-day moving average of $49.46.

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).