Elgethun Capital Management Acquires 10,870 Shares of Alerian MLP ETF $AMLP

Elgethun Capital Management lifted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 6.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 188,564 shares of the exchange traded fund’s stock after purchasing an additional 10,870 shares during the period. Alerian MLP ETF comprises approximately 1.5% of Elgethun Capital Management’s holdings, making the stock its 17th biggest position. Elgethun Capital Management owned approximately 0.08% of Alerian MLP ETF worth $8,866,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. J2 Capital Management Inc raised its stake in Alerian MLP ETF by 4.2% during the 4th quarter. J2 Capital Management Inc now owns 5,348 shares of the exchange traded fund’s stock worth $251,000 after acquiring an additional 218 shares during the period. CWA Asset Management Group LLC raised its stake in Alerian MLP ETF by 1.1% during the 4th quarter. CWA Asset Management Group LLC now owns 19,438 shares of the exchange traded fund’s stock worth $914,000 after acquiring an additional 220 shares during the period. Shepherd Kaplan Krochuk LLC raised its stake in Alerian MLP ETF by 2.2% during the 3rd quarter. Shepherd Kaplan Krochuk LLC now owns 10,866 shares of the exchange traded fund’s stock worth $510,000 after acquiring an additional 237 shares during the period. Private Advisory Group LLC raised its stake in Alerian MLP ETF by 5.6% during the 3rd quarter. Private Advisory Group LLC now owns 4,524 shares of the exchange traded fund’s stock worth $212,000 after acquiring an additional 239 shares during the period. Finally, Bogart Wealth LLC raised its stake in Alerian MLP ETF by 4.4% during the 4th quarter. Bogart Wealth LLC now owns 5,721 shares of the exchange traded fund’s stock worth $269,000 after acquiring an additional 242 shares during the period.

Alerian MLP ETF Price Performance

Alerian MLP ETF stock opened at $52.59 on Thursday. The stock has a market cap of $12.27 billion, a P/E ratio of 14.17 and a beta of 0.52. Alerian MLP ETF has a 1 year low of $44.64 and a 1 year high of $55.22. The firm’s 50 day moving average price is $52.87 and its 200-day moving average price is $50.58.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).