Alerian MLP ETF (NYSEARCA:AMLP) Shares Purchased by Spirepoint Private Client LLC

Spirepoint Private Client LLC raised its position in Alerian MLP ETF (NYSEARCA:AMLP) by 39.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 280,987 shares of the exchange traded fund’s stock after acquiring an additional 79,929 shares during the quarter. Alerian MLP ETF comprises approximately 1.7% of Spirepoint Private Client LLC’s holdings, making the stock its 12th largest position. Spirepoint Private Client LLC’s holdings in Alerian MLP ETF were worth $13,532,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of AMLP. Hilton Capital Management LLC acquired a new position in Alerian MLP ETF during the 3rd quarter worth $31,562,000. EP Wealth Advisors LLC grew its holdings in Alerian MLP ETF by 10,423.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 511,442 shares of the exchange traded fund’s stock worth $24,104,000 after acquiring an additional 506,582 shares in the last quarter. School Employees Retirement Board of Ohio purchased a new stake in shares of Alerian MLP ETF in the 3rd quarter valued at approximately $14,643,000. LPL Financial LLC grew its stake in shares of Alerian MLP ETF by 13.0% during the third quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock worth $113,110,000 after purchasing an additional 275,254 shares in the last quarter. Finally, Crescent Grove Advisors LLC purchased a new position in Alerian MLP ETF in the fourth quarter valued at $12,868,000.

Alerian MLP ETF Price Performance

Shares of NYSEARCA AMLP opened at $53.06 on Thursday. The business has a 50-day moving average of $49.92 and a two-hundred day moving average of $48.20. The company has a market capitalization of $9.54 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 1 year low of $43.02 and a 1 year high of $53.08.

Alerian MLP ETF 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.