7,459 Shares in Alerian MLP ETF (NYSEARCA:AMLP) Bought by Evexia Wealth LLC

Evexia Wealth LLC bought a new position in Alerian MLP ETF (NYSEARCA:AMLP) during the 4th quarter, Holdings Channel reports. The fund bought 7,459 shares of the exchange traded fund’s stock, valued at approximately $331,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Lincoln National Corp lifted its holdings in shares of Alerian MLP ETF by 41.2% during the fourth quarter. Lincoln National Corp now owns 9,743 shares of the exchange traded fund’s stock worth $414,000 after buying an additional 2,843 shares during the last quarter. Private Advisor Group LLC raised its stake in Alerian MLP ETF by 6.1% during the 4th quarter. Private Advisor Group LLC now owns 169,599 shares of the exchange traded fund’s stock valued at $7,211,000 after purchasing an additional 9,810 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in Alerian MLP ETF by 3.2% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 18,397 shares of the exchange traded fund’s stock valued at $782,000 after purchasing an additional 569 shares during the period. NTV Asset Management LLC boosted its holdings in Alerian MLP ETF by 18.5% in the 4th quarter. NTV Asset Management LLC now owns 76,817 shares of the exchange traded fund’s stock valued at $3,266,000 after purchasing an additional 12,000 shares during the period. Finally, Avidian Wealth Solutions LLC grew its position in Alerian MLP ETF by 4.2% in the 4th quarter. Avidian Wealth Solutions LLC now owns 14,482 shares of the exchange traded fund’s stock worth $616,000 after purchasing an additional 589 shares during the last quarter.

Alerian MLP ETF Stock Performance

Shares of AMLP traded up $0.13 during trading hours on Tuesday, reaching $47.59. 1,631,577 shares of the company traded hands, compared to its average volume of 1,274,578. The stock’s fifty day moving average is $46.93 and its 200 day moving average is $44.49. Alerian MLP ETF has a 1-year low of $37.06 and a 1-year high of $48.48. The stock has a market cap of $8.56 billion, a P/E 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.