Brookwood Investment Group LLC raised its position in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 3.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 12,200 shares of the exchange traded fund’s stock after purchasing an additional 455 shares during the quarter. Brookwood Investment Group LLC’s holdings in Alerian MLP ETF were worth $596,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Nova Wealth Management Inc. acquired a new stake in Alerian MLP ETF during the 2nd quarter valued at approximately $28,000. Headlands Technologies LLC acquired a new stake in Alerian MLP ETF during the 1st quarter valued at approximately $31,000. Mid American Wealth Advisory Group Inc. acquired a new stake in Alerian MLP ETF during the 2nd quarter valued at approximately $29,000. Golden State Wealth Management LLC acquired a new stake in Alerian MLP ETF during the 1st quarter valued at approximately $34,000. Finally, Crews Bank & Trust acquired a new stake in Alerian MLP ETF during the 2nd quarter valued at approximately $39,000.
Alerian MLP ETF Stock Performance
NYSEARCA:AMLP opened at $46.91 on Tuesday. The company has a market capitalization of $10.32 billion, a PE ratio of 14.17 and a beta of 0.70. The company has a 50 day simple moving average of $47.15 and a two-hundred day simple moving average of $48.12. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $53.24.
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.
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