Blue Trust Inc. Has $1.65 Million Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Blue Trust Inc. increased its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 11.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,090 shares of the exchange traded fund’s stock after purchasing an additional 3,519 shares during the quarter. Blue Trust Inc.’s holdings in Alerian MLP ETF were worth $1,654,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kingswood Wealth Advisors LLC lifted its position in Alerian MLP ETF by 26.6% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 20,056 shares of the exchange traded fund’s stock valued at $966,000 after purchasing an additional 4,210 shares during the period. Register Financial Advisors LLC lifted its holdings in Alerian MLP ETF by 23.9% in the fourth quarter. Register Financial Advisors LLC now owns 9,213 shares of the exchange traded fund’s stock valued at $444,000 after buying an additional 1,779 shares during the period. Crescent Grove Advisors LLC bought a new position in Alerian MLP ETF in the fourth quarter valued at approximately $12,868,000. Regency Capital Management Inc. DE grew its holdings in Alerian MLP ETF by 0.9% during the 4th quarter. Regency Capital Management Inc. DE now owns 99,059 shares of the exchange traded fund’s stock worth $4,771,000 after acquiring an additional 880 shares during the period. Finally, Cyndeo Wealth Partners LLC raised its position in shares of Alerian MLP ETF by 65.7% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 106,694 shares of the exchange traded fund’s stock valued at $5,138,000 after acquiring an additional 42,290 shares during the last quarter.

Alerian MLP ETF Stock Down 1.9 %

NYSEARCA:AMLP opened at $51.11 on Tuesday. Alerian MLP ETF has a 12-month low of $43.02 and a 12-month high of $52.82. The stock’s fifty day simple moving average is $49.51 and its 200-day simple moving average is $48.03. The firm has a market capitalization of $9.19 billion, a P/E 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.