Signature Estate & Investment Advisors LLC Takes $502,000 Position in Alerian MLP ETF $AMLP

Signature Estate & Investment Advisors LLC acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,659 shares of the exchange traded fund’s stock, valued at approximately $502,000.

Several other large investors have also made changes to their positions in the business. Ashton Thomas Private Wealth LLC lifted its position in shares of Alerian MLP ETF by 36.7% in the first quarter. Ashton Thomas Private Wealth LLC now owns 16,819 shares of the exchange traded fund’s stock valued at $874,000 after acquiring an additional 4,516 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Alerian MLP ETF by 37.6% in the first quarter. Jones Financial Companies Lllp now owns 144,614 shares of the exchange traded fund’s stock valued at $7,530,000 after acquiring an additional 39,526 shares in the last quarter. Raab & Moskowitz Asset Management LLC lifted its position in shares of Alerian MLP ETF by 2.2% in the first quarter. Raab & Moskowitz Asset Management LLC now owns 18,060 shares of the exchange traded fund’s stock valued at $938,000 after acquiring an additional 392 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Alerian MLP ETF by 4.1% in the first quarter. NewEdge Advisors LLC now owns 422,755 shares of the exchange traded fund’s stock valued at $21,958,000 after acquiring an additional 16,482 shares in the last quarter. Finally, Hancock Whitney Corp lifted its position in shares of Alerian MLP ETF by 7.4% in the first quarter. Hancock Whitney Corp now owns 63,951 shares of the exchange traded fund’s stock valued at $3,322,000 after acquiring an additional 4,381 shares in the last quarter.

Alerian MLP ETF Stock Up 0.4%

Shares of Alerian MLP ETF stock opened at $47.64 on Wednesday. The stock’s 50-day simple moving average is $48.67 and its 200-day simple moving average is $49.05. Alerian MLP ETF has a 52 week low of $43.75 and a 52 week high of $53.24. The company has a market capitalization of $10.24 billion, a price-to-earnings ratio of 14.17 and a beta of 1.42.

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.