Newbridge Financial Services Group Inc. lowered its position in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 12.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,352 shares of the exchange traded fund’s stock after selling 483 shares during the quarter. Newbridge Financial Services Group Inc.’s holdings in Alerian MLP ETF were worth $161,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of AMLP. Kestra Private Wealth Services LLC raised its position in Alerian MLP ETF by 3.7% in the 4th quarter. Kestra Private Wealth Services LLC now owns 19,354 shares of the exchange traded fund’s stock valued at $932,000 after purchasing an additional 698 shares during the last quarter. Miller Howard Investments Inc. NY acquired a new position in Alerian MLP ETF in the fourth quarter valued at $759,000. Stephens Inc. AR raised its holdings in shares of Alerian MLP ETF by 9.7% in the fourth quarter. Stephens Inc. AR now owns 1,079,417 shares of the exchange traded fund’s stock valued at $51,985,000 after buying an additional 95,191 shares during the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of Alerian MLP ETF by 4.5% during the fourth quarter. Kingsview Wealth Management LLC now owns 98,053 shares of the exchange traded fund’s stock worth $4,722,000 after buying an additional 4,250 shares during the period. Finally, Apollon Wealth Management LLC grew its holdings in shares of Alerian MLP ETF by 4.0% during the fourth quarter. Apollon Wealth Management LLC now owns 80,999 shares of the exchange traded fund’s stock worth $3,901,000 after buying an additional 3,101 shares during the last quarter.
Alerian MLP ETF Stock Down 0.3 %
Shares of AMLP stock opened at $52.18 on Monday. Alerian MLP ETF has a 52-week low of $43.02 and a 52-week high of $53.24. The stock’s 50-day moving average price is $49.98 and its 200 day moving average price is $48.25. The stock has a market capitalization of $9.39 billion, a PE ratio of 13.08 and a beta of 0.48.
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.
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