Alerian MLP ETF (NYSEARCA:AMLP) Shares Acquired by Allen Wealth Management LLC

Allen Wealth Management LLC increased its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 1.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 323,611 shares of the exchange traded fund’s stock after acquiring an additional 4,886 shares during the quarter. Alerian MLP ETF comprises 10.6% of Allen Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position. Allen Wealth Management LLC owned about 0.18% of Alerian MLP ETF worth $15,252,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of AMLP. White Pine Investment CO increased its stake in shares of Alerian MLP ETF by 0.6% in the 3rd quarter. White Pine Investment CO now owns 89,294 shares of the exchange traded fund’s stock worth $4,208,000 after acquiring an additional 489 shares during the last quarter. Pure Financial Advisors LLC grew its holdings in shares of Alerian MLP ETF by 1.1% in the third quarter. Pure Financial Advisors LLC now owns 27,557 shares of the exchange traded fund’s stock valued at $1,299,000 after purchasing an additional 298 shares during the period. Princeton Global Asset Management LLC increased its position in Alerian MLP ETF by 48.1% during the third quarter. Princeton Global Asset Management LLC now owns 2,000 shares of the exchange traded fund’s stock worth $94,000 after purchasing an additional 650 shares during the last quarter. Lmcg Investments LLC raised its stake in Alerian MLP ETF by 6.9% during the third quarter. Lmcg Investments LLC now owns 13,154 shares of the exchange traded fund’s stock worth $620,000 after purchasing an additional 851 shares during the period. Finally, Chicago Partners Investment Group LLC boosted its holdings in Alerian MLP ETF by 3.8% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 57,997 shares of the exchange traded fund’s stock valued at $2,722,000 after purchasing an additional 2,140 shares during the last quarter.

Alerian MLP ETF Price Performance

Alerian MLP ETF stock opened at $46.48 on Friday. The stock has a market cap of $8.36 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The firm has a 50 day simple moving average of $47.06 and a 200-day simple moving average of $47.00. Alerian MLP ETF has a 1-year low of $41.06 and a 1-year high of $49.44.

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.