Wealthcare Advisory Partners LLC Has $1.10 Million Holdings in Alerian MLP ETF $AMLP

Wealthcare Advisory Partners LLC trimmed its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 9.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,442 shares of the exchange traded fund’s stock after selling 2,442 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Alerian MLP ETF were worth $1,096,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Ergawealth Advisors Inc. increased its position in Alerian MLP ETF by 3.1% during the second quarter. Ergawealth Advisors Inc. now owns 8,437 shares of the exchange traded fund’s stock worth $412,000 after acquiring an additional 250 shares during the period. NTV Asset Management LLC increased its position in Alerian MLP ETF by 12.5% during the second quarter. NTV Asset Management LLC now owns 128,169 shares of the exchange traded fund’s stock worth $6,262,000 after acquiring an additional 14,213 shares during the period. Ameritas Advisory Services LLC bought a new position in Alerian MLP ETF during the second quarter worth about $159,000. Crews Bank & Trust bought a new position in Alerian MLP ETF during the second quarter worth about $39,000. Finally, Hilltop National Bank bought a new position in Alerian MLP ETF during the second quarter worth about $210,000.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA AMLP opened at $46.47 on Wednesday. Alerian MLP ETF has a 52 week low of $43.75 and a 52 week high of $53.24. The stock has a market capitalization of $10.19 billion, a P/E ratio of 14.17 and a beta of 1.42. The stock’s fifty day moving average is $47.99 and its 200 day moving average is $48.49.

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.