Boyce & Associates Wealth Consulting Inc. grew its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 19.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,986 shares of the exchange traded fund’s stock after purchasing an additional 4,062 shares during the quarter. Alerian MLP ETF comprises about 1.2% of Boyce & Associates Wealth Consulting Inc.’s portfolio, making the stock its 17th biggest holding. Boyce & Associates Wealth Consulting Inc.’s holdings in Alerian MLP ETF were worth $1,203,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Ashton Thomas Securities LLC bought a new stake in Alerian MLP ETF in the third quarter valued at approximately $28,000. Massmutual Trust Co. FSB ADV bought a new stake in Alerian MLP ETF in the 3rd quarter valued at $40,000. ORG Wealth Partners LLC acquired a new stake in Alerian MLP ETF during the 3rd quarter valued at $41,000. Advisors Asset Management Inc. bought a new position in Alerian MLP ETF during the third quarter worth $65,000. Finally, Rosenberg Matthew Hamilton increased its holdings in shares of Alerian MLP ETF by 803.5% in 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 AMLP opened at $49.18 on Monday. The company’s 50-day moving average is $48.71 and its 200-day moving average is $47.78. The firm has a market capitalization of $8.85 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a fifty-two week low of $42.25 and a fifty-two week high of $51.47.
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.
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