Alerian MLP ETF $AMLP Position Boosted by Kiker Wealth Management LLC

Kiker Wealth Management LLC grew its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 20.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,352 shares of the exchange traded fund’s stock after purchasing an additional 574 shares during the period. Kiker Wealth Management LLC’s holdings in Alerian MLP ETF were worth $164,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC increased its position in shares of Alerian MLP ETF by 19.4% in the fourth quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock worth $2,157,000 after acquiring an additional 7,280 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Alerian MLP ETF by 23.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 418,118 shares of the exchange traded fund’s stock worth $21,717,000 after acquiring an additional 79,345 shares in the last quarter. Dynamic Advisor Solutions LLC grew its position in Alerian MLP ETF by 60.4% in the first quarter. Dynamic Advisor Solutions LLC now owns 25,320 shares of the exchange traded fund’s stock worth $1,315,000 after acquiring an additional 9,537 shares in the last quarter. RiverTree Advisors LLC grew its position in Alerian MLP ETF by 0.9% in the first quarter. RiverTree Advisors LLC now owns 92,109 shares of the exchange traded fund’s stock worth $4,784,000 after acquiring an additional 813 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in Alerian MLP ETF by 40.1% in the first quarter. Janney Montgomery Scott LLC now owns 538,685 shares of the exchange traded fund’s stock worth $27,979,000 after acquiring an additional 154,320 shares in the last quarter.

Alerian MLP ETF Stock Up 1.7%

AMLP stock opened at $45.45 on Tuesday. The company has a market capitalization of $9.95 billion, a price-to-earnings ratio of 14.17 and a beta of 1.42. Alerian MLP ETF has a 12 month low of $43.75 and a 12 month high of $53.24. The firm has a 50 day moving average of $47.65 and a two-hundred day moving average of $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.