Jeppson Wealth Management LLC Has $701,000 Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Jeppson Wealth Management LLC decreased its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 2.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,555 shares of the exchange traded fund’s stock after selling 299 shares during the period. Jeppson Wealth Management LLC’s holdings in Alerian MLP ETF were worth $701,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Ashton Thomas Securities LLC bought a new position in shares of Alerian MLP ETF during the 3rd quarter worth approximately $28,000. Massmutual Trust Co. FSB ADV bought a new position in Alerian MLP ETF during the third quarter worth $40,000. City State Bank bought a new position in Alerian MLP ETF during the fourth quarter worth $40,000. ORG Wealth Partners LLC bought a new stake in Alerian MLP ETF in the third quarter valued at $41,000. Finally, Advisors Asset Management Inc. acquired a new position in shares of Alerian MLP ETF during the third quarter valued at about $65,000.

Alerian MLP ETF Price Performance

Shares of AMLP opened at $51.11 on Tuesday. Alerian MLP ETF has a one year low of $43.02 and a one year high of $52.82. The company has a market cap of $9.19 billion, a PE ratio of 13.08 and a beta of 0.48. The stock has a 50-day moving average of $49.51 and a 200-day moving average of $48.03.

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.