Asset One Wealth Management LLC Takes $2.08 Million Position in Alerian MLP ETF $AMLP

Asset One Wealth Management LLC bought a new stake in Alerian MLP ETF (NYSEARCA:AMLP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 41,946 shares of the exchange traded fund’s stock, valued at approximately $2,080,000.

A number of other institutional investors also recently modified their holdings of the business. J2 Capital Management Inc boosted its position in shares of Alerian MLP ETF by 4.2% in the fourth quarter. J2 Capital Management Inc now owns 5,348 shares of the exchange traded fund’s stock valued at $251,000 after acquiring an additional 218 shares during the period. CWA Asset Management Group LLC raised its stake in Alerian MLP ETF by 1.1% in the fourth quarter. CWA Asset Management Group LLC now owns 19,438 shares of the exchange traded fund’s stock valued at $914,000 after purchasing an additional 220 shares in the last quarter. Shepherd Kaplan Krochuk LLC raised its stake in Alerian MLP ETF by 2.2% in the third quarter. Shepherd Kaplan Krochuk LLC now owns 10,866 shares of the exchange traded fund’s stock valued at $510,000 after purchasing an additional 237 shares in the last quarter. Private Advisory Group LLC raised its stake in Alerian MLP ETF by 5.6% in the third quarter. Private Advisory Group LLC now owns 4,524 shares of the exchange traded fund’s stock valued at $212,000 after purchasing an additional 239 shares in the last quarter. Finally, Bogart Wealth LLC raised its stake in Alerian MLP ETF by 4.4% in the fourth quarter. Bogart Wealth LLC now owns 5,721 shares of the exchange traded fund’s stock valued at $269,000 after purchasing an additional 242 shares in the last quarter.

Alerian MLP ETF Stock Down 0.7%

AMLP stock opened at $50.61 on Thursday. The company has a market cap of $11.80 billion, a PE ratio of 14.17 and a beta of 0.50. The business has a 50-day simple moving average of $52.71 and a 200 day simple moving average of $50.94. Alerian MLP ETF has a 52 week low of $44.64 and a 52 week high of $55.22.

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).