10,013 Shares in Alerian MLP ETF (NYSEARCA:AMLP) Acquired by Fiducient Advisors LLC

Fiducient Advisors LLC acquired a new position in shares of Alerian MLP ETF (NYSEARCA:AMLP) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,013 shares of the exchange traded fund’s stock, valued at approximately $480,000.

Other hedge funds have also recently bought and sold shares of the company. Russell Investments Group Ltd. bought a new stake in shares of Alerian MLP ETF during the first quarter worth approximately $27,000. Asset Dedication LLC lifted its stake in shares of Alerian MLP ETF by 1,244.0% in the 2nd quarter. Asset Dedication LLC now owns 672 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 622 shares during the period. First United Bank & Trust acquired a new position in shares of Alerian MLP ETF in the 4th quarter valued at $35,000. ICA Group Wealth Management LLC bought a new position in shares of Alerian MLP ETF in the 4th quarter worth $38,000. Finally, Ridgewood Investments LLC acquired a new stake in shares of Alerian MLP ETF during the second quarter worth $52,000.

Alerian MLP ETF Trading Down 0.8 %

NYSEARCA AMLP opened at $46.30 on Friday. Alerian MLP ETF has a 12 month low of $40.03 and a 12 month high of $49.44. The stock has a 50-day simple moving average of $47.38 and a 200 day simple moving average of $46.91. The company has a market capitalization of $8.33 billion, a PE ratio of 13.08 and a beta of 0.48.

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.