Boyce & Associates Wealth Consulting Inc. Has $1.20 Million Position in Alerian MLP ETF (NYSEARCA:AMLP)

Boyce & Associates Wealth Consulting Inc. raised its position in Alerian MLP ETF (NYSEARCA:AMLP) by 19.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 24,986 shares of the exchange traded fund’s stock after purchasing an additional 4,062 shares during the period. Alerian MLP ETF makes up 1.2% of Boyce & Associates Wealth Consulting Inc.’s portfolio, making the stock its 17th biggest holding. Boyce & Associates Wealth Consulting Inc.’s holdings in Alerian MLP ETF were worth $1,203,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Aprio Wealth Management LLC grew its stake in shares of Alerian MLP ETF by 42.7% in the fourth quarter. Aprio Wealth Management LLC now owns 66,245 shares of the exchange traded fund’s stock valued at $3,190,000 after acquiring an additional 19,813 shares in the last quarter. Graypoint LLC grew its position in shares of Alerian MLP ETF by 121.8% during the 4th quarter. Graypoint LLC now owns 39,966 shares of the exchange traded fund’s stock worth $1,925,000 after purchasing an additional 21,946 shares in the last quarter. ORG Partners LLC increased its holdings in shares of Alerian MLP ETF by 234.1% during the fourth quarter. ORG Partners LLC now owns 93,869 shares of the exchange traded fund’s stock worth $4,521,000 after purchasing an additional 65,770 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Alerian MLP ETF in the fourth quarter valued at approximately $1,478,000. Finally, Fortem Financial Group LLC boosted its stake in shares of Alerian MLP ETF by 0.9% in the fourth quarter. Fortem Financial Group LLC now owns 234,906 shares of the exchange traded fund’s stock valued at $11,313,000 after buying an additional 2,058 shares during the period.

Alerian MLP ETF Price Performance

Shares of NYSEARCA:AMLP opened at $49.18 on Monday. The company has a market capitalization of $8.85 billion, a P/E ratio of 13.08 and a beta of 0.48. The business’s 50 day simple moving average is $48.71 and its 200 day simple moving average is $47.78. Alerian MLP ETF has a 1 year low of $42.25 and a 1 year high of $51.47.

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.