Clare Market Investments LLC Acquires Shares of 115,291 Alerian MLP ETF $AMLP

Clare Market Investments LLC bought a new position in shares of Alerian MLP ETF (NYSEARCA:AMLP) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 115,291 shares of the exchange traded fund’s stock, valued at approximately $6,069,000. Alerian MLP ETF makes up about 1.3% of Clare Market Investments LLC’s investment portfolio, making the stock its 15th biggest position.

Several other hedge funds have also recently bought and sold shares of the company. Mayfair Advisory Group LLC boosted its position in shares of Alerian MLP ETF by 3.4% during the 1st quarter. Mayfair Advisory Group LLC now owns 6,079 shares of the exchange traded fund’s stock worth $320,000 after acquiring an additional 200 shares in the last quarter. J2 Capital Management Inc increased its stake in shares of Alerian MLP ETF by 4.2% in the 4th quarter. J2 Capital Management Inc now owns 5,348 shares of the exchange traded fund’s stock valued at $251,000 after purchasing an additional 218 shares during the last quarter. CWA Asset Management Group LLC increased its stake in shares of Alerian MLP ETF by 1.1% in the 4th quarter. CWA Asset Management Group LLC now owns 19,438 shares of the exchange traded fund’s stock valued at $914,000 after purchasing an additional 220 shares during the last quarter. Shepherd Kaplan Krochuk LLC raised its holdings in shares of 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 buying an additional 237 shares in the last quarter. Finally, Bogart Wealth LLC lifted its position in shares of 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 buying an additional 242 shares during the last quarter.

Alerian MLP ETF Price Performance

NYSEARCA:AMLP opened at $51.92 on Tuesday. The firm has a market capitalization of $12.19 billion, a PE ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a twelve month low of $44.64 and a twelve month high of $55.22. The stock’s 50-day simple moving average is $52.57 and its 200 day simple moving average is $51.29.

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).