Alerian MLP ETF $AMLP Shares Purchased by Lido Advisors LLC

Lido Advisors LLC boosted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 10.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 137,087 shares of the exchange traded fund’s stock after buying an additional 12,576 shares during the quarter. Lido Advisors LLC’s holdings in Alerian MLP ETF were worth $7,216,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AMLP. Evexia Wealth LLC boosted its position in shares of 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 acquiring an additional 15,039 shares in the last quarter. Sanctuary Advisors LLC increased its holdings in shares of Alerian MLP ETF by 20.3% in the 4th quarter. Sanctuary Advisors LLC now owns 184,231 shares of the exchange traded fund’s stock valued at $8,663,000 after acquiring an additional 31,089 shares during the last quarter. Spirepoint Private Client LLC raised its position in shares of Alerian MLP ETF by 14.5% during the 4th quarter. Spirepoint Private Client LLC now owns 373,406 shares of the exchange traded fund’s stock worth $17,558,000 after acquiring an additional 47,217 shares in the last quarter. Searcy Financial Services Inc. ADV raised its position in shares of Alerian MLP ETF by 6.6% during the 4th quarter. Searcy Financial Services Inc. ADV now owns 375,719 shares of the exchange traded fund’s stock worth $17,666,000 after acquiring an additional 23,317 shares in the last quarter. Finally, Dakota Wealth Management purchased a new stake in Alerian MLP ETF during the fourth quarter worth approximately $1,359,000.

Alerian MLP ETF Stock Up 0.1%

AMLP stock opened at $54.99 on Friday. The business has a 50 day moving average price of $52.74 and a 200 day moving average price of $51.93. The stock has a market cap of $12.93 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a fifty-two week low of $44.64 and a fifty-two week high of $55.62.

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. 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).