Alerian MLP ETF (NYSEARCA:AMLP) Stock Holdings Boosted by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC increased its position in Alerian MLP ETF (NYSEARCA:AMLP) by 7.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,778 shares of the exchange traded fund’s stock after acquiring an additional 567 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Alerian MLP ETF were worth $375,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Strategic Financial Concepts LLC bought a new stake in shares of Alerian MLP ETF during the fourth quarter valued at approximately $27,000. Mark Sheptoff Financial Planning LLC increased its position in Alerian MLP ETF by 400.0% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 625 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 500 shares during the period. 1620 Investment Advisors Inc. bought a new stake in Alerian MLP ETF during the 4th quarter valued at $38,000. City State Bank acquired a new position in Alerian MLP ETF during the 4th quarter worth $40,000. Finally, Flagship Wealth Advisors LLC bought a new position in shares of Alerian MLP ETF in the fourth quarter worth $63,000.

Alerian MLP ETF Stock Up 1.6 %

Shares of NYSEARCA AMLP opened at $46.56 on Friday. The stock has a market cap of $9.65 billion, a P/E ratio of 14.02 and a beta of 0.99. The firm’s 50-day simple moving average is $50.75 and its 200 day simple moving average is $49.46. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $53.24.

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.