Wealthcare Capital Partners LLC Invests $239,000 in Alerian MLP ETF (NYSEARCA:AMLP)

Wealthcare Capital Partners LLC acquired a new position in Alerian MLP ETF (NYSEARCA:AMLP) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,959 shares of the exchange traded fund’s stock, valued at approximately $239,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Retirement Planning Group LLC increased its position in Alerian MLP ETF by 2.9% during the 3rd quarter. Retirement Planning Group LLC now owns 7,830 shares of the exchange traded fund’s stock valued at $369,000 after purchasing an additional 218 shares during the period. Capital Investment Advisory Services LLC lifted its stake in Alerian MLP ETF by 2.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 8,024 shares of the exchange traded fund’s stock valued at $386,000 after acquiring an additional 222 shares during the period. Opal Wealth Advisors LLC lifted its stake in shares of Alerian MLP ETF by 2.7% in the 3rd quarter. Opal Wealth Advisors LLC now owns 9,167 shares of the exchange traded fund’s stock worth $432,000 after purchasing an additional 242 shares during the period. Mach 1 Financial Group LLC lifted its stake in shares of Alerian MLP ETF by 2.4% in the 3rd quarter. Mach 1 Financial Group LLC now owns 10,487 shares of the exchange traded fund’s stock worth $494,000 after purchasing an additional 244 shares during the period. Finally, Savant Capital LLC lifted its stake in shares of Alerian MLP ETF by 1.0% in the 4th quarter. Savant Capital LLC now owns 26,171 shares of the exchange traded fund’s stock worth $1,260,000 after purchasing an additional 255 shares during the period.

Alerian MLP ETF Trading Up 0.9 %

NYSEARCA AMLP opened at $52.63 on Tuesday. Alerian MLP ETF has a 12 month low of $43.29 and a 12 month high of $53.24. The stock has a market cap of $9.47 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The company’s 50 day moving average is $50.01 and its two-hundred day moving average is $48.28.

About Alerian MLP ETF

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.