Alerian MLP ETF $AMLP Stock Position Boosted by NTV Asset Management LLC

NTV Asset Management LLC increased its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 12.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,169 shares of the exchange traded fund’s stock after acquiring an additional 14,213 shares during the period. NTV Asset Management LLC owned approximately 0.06% of Alerian MLP ETF worth $6,262,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Nova Wealth Management Inc. bought a new position in shares of Alerian MLP ETF during the 2nd quarter valued at about $28,000. Headlands Technologies LLC bought a new stake in Alerian MLP ETF during the first quarter worth approximately $31,000. Golden State Wealth Management LLC bought a new stake in Alerian MLP ETF during the first quarter worth approximately $34,000. Copia Wealth Management bought a new stake in Alerian MLP ETF during the first quarter worth approximately $38,000. Finally, Crews Bank & Trust bought a new stake in shares of Alerian MLP ETF during the 2nd quarter worth $39,000.

Alerian MLP ETF Stock Up 0.0%

AMLP opened at $46.64 on Friday. The firm has a market cap of $10.24 billion, a PE ratio of 14.17 and a beta of 1.42. The business has a fifty day simple moving average of $48.11 and a 200-day simple moving average of $48.59. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $53.24.

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.