Alerian MLP ETF (NYSEARCA:AMLP) Shares Acquired by Kathleen S. Wright Associates Inc.

Kathleen S. Wright Associates Inc. boosted its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 17.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,810 shares of the exchange traded fund’s stock after purchasing an additional 264 shares during the quarter. Kathleen S. Wright Associates Inc.’s holdings in Alerian MLP ETF were worth $87,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Hilton Capital Management LLC bought a new position in Alerian MLP ETF in the 3rd quarter worth approximately $31,562,000. EP Wealth Advisors LLC lifted its holdings in Alerian MLP ETF by 10,423.5% in the third quarter. EP Wealth Advisors LLC now owns 511,442 shares of the exchange traded fund’s stock worth $24,104,000 after purchasing an additional 506,582 shares during the period. School Employees Retirement Board of Ohio bought a new position in Alerian MLP ETF in the 3rd quarter valued at about $14,643,000. LPL Financial LLC increased its stake in Alerian MLP ETF by 13.0% during the 3rd quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock valued at $113,110,000 after buying an additional 275,254 shares during the period. Finally, Crescent Grove Advisors LLC bought a new stake in Alerian MLP ETF during the fourth quarter worth approximately $12,868,000.

Alerian MLP ETF Stock Up 1.4 %

Shares of Alerian MLP ETF stock opened at $52.31 on Tuesday. The business has a fifty day simple moving average of $49.80 and a 200-day simple moving average of $48.14. Alerian MLP ETF has a fifty-two week low of $43.02 and a fifty-two week high of $52.82. The firm has a market cap of $9.41 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.

About Alerian MLP ETF

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.