Alerian MLP ETF (NYSEARCA:AMLP) is Enclave Advisors LLC’s 10th Largest Position

Enclave Advisors LLC lifted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 3.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 278,238 shares of the exchange traded fund’s stock after acquiring an additional 9,217 shares during the quarter. Alerian MLP ETF comprises approximately 2.2% of Enclave Advisors LLC’s portfolio, making the stock its 10th largest holding. Enclave Advisors LLC’s holdings in Alerian MLP ETF were worth $13,400,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of AMLP. Ashton Thomas Securities LLC purchased a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at about $28,000. Massmutual Trust Co. FSB ADV purchased a new position in shares of Alerian MLP ETF during the third quarter valued at approximately $40,000. City State Bank bought a new position in Alerian MLP ETF during the fourth quarter valued at approximately $40,000. ORG Wealth Partners LLC purchased a new stake in Alerian MLP ETF in the third quarter worth approximately $41,000. Finally, Advisors Asset Management Inc. bought a new stake in Alerian MLP ETF in the 3rd quarter worth approximately $65,000.

Alerian MLP ETF Price Performance

NYSEARCA AMLP opened at $52.47 on Wednesday. The stock has a market capitalization of $9.44 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 1-year low of $42.69 and a 1-year high of $52.65. The business’s fifty day moving average price is $49.17 and its 200-day moving average price is $47.93.

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.