IFP Advisors Inc Has $4.13 Million Position in Alerian MLP ETF $AMLP

IFP Advisors Inc raised its holdings in Alerian MLP ETF (NYSEARCA:AMLPFree Report) by 70.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 87,903 shares of the exchange traded fund’s stock after acquiring an additional 36,344 shares during the quarter. IFP Advisors Inc’s holdings in Alerian MLP ETF were worth $4,133,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. J2 Capital Management Inc boosted its position in shares of Alerian MLP ETF by 4.2% in the 4th quarter. J2 Capital Management Inc now owns 5,348 shares of the exchange traded fund’s stock worth $251,000 after purchasing an additional 218 shares during the last quarter. CWA Asset Management Group LLC lifted 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 buying an additional 220 shares during the period. Shepherd Kaplan Krochuk LLC lifted 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 buying an additional 237 shares during the period. Private Advisory Group LLC boosted its holdings in Alerian MLP ETF by 5.6% during the third quarter. Private Advisory Group LLC now owns 4,524 shares of the exchange traded fund’s stock worth $212,000 after buying an additional 239 shares during the last quarter. Finally, Bogart Wealth LLC boosted its holdings in Alerian MLP ETF by 4.4% during the fourth quarter. Bogart Wealth LLC now owns 5,721 shares of the exchange traded fund’s stock worth $269,000 after buying an additional 242 shares during the last quarter.

Alerian MLP ETF Trading Down 0.8%

Alerian MLP ETF stock opened at $54.40 on Thursday. The firm has a market capitalization of $12.69 billion, a P/E ratio of 14.17 and a beta of 0.52. The business has a 50-day moving average of $52.76 and a 200-day moving average of $50.14. Alerian MLP ETF has a 1 year low of $44.64 and a 1 year high of $55.22.

Alerian MLP ETF Profile

(Free Report)

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).

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Institutional Ownership by Quarter for Alerian MLP ETF (NYSEARCA:AMLP)

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