HC Advisors LLC Makes New $1.73 Million Investment in Alerian MLP ETF $AMLP

HC Advisors LLC bought a new position in Alerian MLP ETF (NYSEARCA:AMLP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 35,479 shares of the exchange traded fund’s stock, valued at approximately $1,734,000. Alerian MLP ETF makes up about 1.2% of HC Advisors LLC’s portfolio, making the stock its 21st largest holding.

Other large investors have also made changes to their positions in the company. Kingswood Wealth Advisors LLC raised its stake in shares of Alerian MLP ETF by 7.7% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 38,622 shares of the exchange traded fund’s stock worth $1,887,000 after purchasing an additional 2,775 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of Alerian MLP ETF by 8.2% in the 2nd quarter. Parallel Advisors LLC now owns 7,558 shares of the exchange traded fund’s stock valued at $369,000 after buying an additional 572 shares in the last quarter. Y Intercept Hong Kong Ltd grew its stake in shares of Alerian MLP ETF by 44.6% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 10,353 shares of the exchange traded fund’s stock valued at $506,000 after buying an additional 3,195 shares in the last quarter. Barry Investment Advisors LLC increased its holdings in Alerian MLP ETF by 12.5% in the second quarter. Barry Investment Advisors LLC now owns 47,733 shares of the exchange traded fund’s stock worth $2,332,000 after buying an additional 5,289 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its holdings in Alerian MLP ETF by 17.5% in the second quarter. Stratos Wealth Partners LTD. now owns 39,293 shares of the exchange traded fund’s stock worth $1,920,000 after buying an additional 5,845 shares during the last quarter.

Alerian MLP ETF Stock Up 0.3%

NYSEARCA AMLP opened at $47.20 on Friday. The stock has a market capitalization of $10.36 billion, a PE ratio of 14.17 and a beta of 0.70. The company has a 50 day moving average price of $46.91 and a two-hundred day moving average price of $48.06. Alerian MLP ETF has a 12-month low of $43.75 and a 12-month high of $53.24.

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.