ORG Partners LLC Increases Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

ORG Partners LLC grew its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 234.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,869 shares of the exchange traded fund’s stock after purchasing an additional 65,770 shares during the period. ORG Partners LLC’s holdings in Alerian MLP ETF were worth $4,521,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in AMLP. Ashton Thomas Securities LLC purchased a new position in Alerian MLP ETF during the 3rd quarter valued at approximately $28,000. Massmutual Trust Co. FSB ADV purchased a new position in shares of Alerian MLP ETF in the third quarter valued at $40,000. ORG Wealth Partners LLC bought a new stake in Alerian MLP ETF in the third quarter worth $41,000. Advisors Asset Management Inc. purchased a new stake in Alerian MLP ETF during the third quarter valued at $65,000. Finally, Rosenberg Matthew Hamilton lifted its position in Alerian MLP ETF by 803.5% during the third quarter. Rosenberg Matthew Hamilton now owns 1,545 shares of the exchange traded fund’s stock valued at $73,000 after purchasing an additional 1,374 shares during the last quarter.

Alerian MLP ETF Price Performance

Shares of Alerian MLP ETF stock traded down $0.10 during trading hours on Friday, reaching $49.36. The company’s stock had a trading volume of 543,085 shares, compared to its average volume of 1,025,627. Alerian MLP ETF has a one year low of $42.25 and a one year high of $51.47. The firm has a 50 day moving average price of $48.66 and a 200-day moving average price of $47.77. The stock has a market cap of $8.88 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.