Fiduciary Family Office LLC Acquires New Position in Alerian MLP ETF (NYSEARCA:AMLP)

Fiduciary Family Office LLC acquired a new position in shares of Alerian MLP ETF (NYSEARCA:AMLP) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 246,071 shares of the exchange traded fund’s stock, valued at approximately $11,851,000. Alerian MLP ETF accounts for 3.5% of Fiduciary Family Office LLC’s portfolio, making the stock its 12th biggest position. Fiduciary Family Office LLC owned approximately 0.14% of Alerian MLP ETF at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of AMLP. Ashton Thomas Securities LLC acquired a new stake in shares of Alerian MLP ETF during the 3rd quarter worth approximately $28,000. Massmutual Trust Co. FSB ADV bought a new position in Alerian MLP ETF during the 3rd quarter worth $40,000. City State Bank acquired a new stake in Alerian MLP ETF in the fourth quarter worth $40,000. ORG Wealth Partners LLC bought a new stake in Alerian MLP ETF in the third quarter valued at $41,000. Finally, Advisors Asset Management Inc. acquired a new position in shares of Alerian MLP ETF during the third quarter valued at $65,000.

Alerian MLP ETF Stock Performance

Alerian MLP ETF stock opened at $51.95 on Thursday. Alerian MLP ETF has a one year low of $43.02 and a one year high of $52.82. The company has a 50-day simple moving average of $49.27 and a 200-day simple moving average of $47.96. The firm has a market capitalization of $9.34 billion, a P/E ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF Company 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.