Alerian MLP ETF $AMLP Shares Sold by WMG Financial Advisors LLC

WMG Financial Advisors LLC reduced its position in Alerian MLP ETF (NYSEARCA:AMLP) by 61.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 17,767 shares of the exchange traded fund’s stock after selling 28,734 shares during the period. WMG Financial Advisors LLC’s holdings in Alerian MLP ETF were worth $935,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of AMLP. Mayfair Advisory Group LLC grew its holdings in Alerian MLP ETF by 3.4% in the 1st quarter. Mayfair Advisory Group LLC now owns 6,079 shares of the exchange traded fund’s stock valued at $320,000 after buying an additional 200 shares during the period. J2 Capital Management Inc lifted its holdings in shares of Alerian MLP ETF by 4.2% during the 4th quarter. J2 Capital Management Inc now owns 5,348 shares of the exchange traded fund’s stock worth $251,000 after acquiring an additional 218 shares during the period. CWA Asset Management Group LLC lifted its holdings in shares of Alerian MLP ETF by 1.1% during the 4th quarter. CWA Asset Management Group LLC now owns 19,438 shares of the exchange traded fund’s stock worth $914,000 after acquiring an additional 220 shares during the period. Shepherd Kaplan Krochuk LLC lifted its holdings in shares of Alerian MLP ETF by 2.2% during the 3rd quarter. Shepherd Kaplan Krochuk LLC now owns 10,866 shares of the exchange traded fund’s stock worth $510,000 after acquiring an additional 237 shares during the period. Finally, Bogart Wealth LLC boosted its position in shares of Alerian MLP ETF by 4.4% in the fourth quarter. Bogart Wealth LLC now owns 5,721 shares of the exchange traded fund’s stock worth $269,000 after acquiring an additional 242 shares during the last quarter.

Alerian MLP ETF Stock Performance

Alerian MLP ETF stock opened at $51.71 on Tuesday. Alerian MLP ETF has a 1 year low of $44.64 and a 1 year high of $55.22. The firm has a 50 day moving average price of $52.54 and a 200 day moving average price of $51.13. The company has a market cap of $12.06 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).