Kera Capital Partners Inc. Increases Stock Holdings in Alerian MLP ETF $AMLP

Kera Capital Partners Inc. lifted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 14.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 101,193 shares of the exchange traded fund’s stock after buying an additional 12,400 shares during the period. Kera Capital Partners Inc.’s holdings in Alerian MLP ETF were worth $4,749,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Kingswood Wealth Advisors LLC lifted its stake in shares of Alerian MLP ETF by 7.7% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 38,622 shares of the exchange traded fund’s stock valued at $1,887,000 after buying an additional 2,775 shares in the last quarter. Americana Partners LLC boosted its position in shares of Alerian MLP ETF by 68.8% during the second quarter. Americana Partners LLC now owns 21,758 shares of the exchange traded fund’s stock worth $1,063,000 after acquiring an additional 8,871 shares during the last quarter. Ball & Co Wealth Management Inc. boosted its stake in Alerian MLP ETF by 6.8% during the third quarter. Ball & Co Wealth Management Inc. now owns 216,829 shares of the exchange traded fund’s stock valued at $10,175,000 after buying an additional 13,843 shares during the last quarter. Parallel Advisors LLC boosted its stake in Alerian MLP ETF by 8.2% during the second quarter. Parallel Advisors LLC now owns 7,558 shares of the exchange traded fund’s stock valued at $369,000 after buying an additional 572 shares during the last quarter. Finally, Baker Avenue Asset Management LP purchased a new position in Alerian MLP ETF during the 2nd quarter valued at approximately $1,700,000.

Alerian MLP ETF Price Performance

Shares of AMLP opened at $49.03 on Wednesday. The stock has a market capitalization of $10.93 billion, a price-to-earnings ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a 1 year low of $43.75 and a 1 year high of $53.24. The business’s 50 day simple moving average is $47.24 and its 200-day simple moving average is $47.61.

Alerian MLP ETF 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. 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).