Kestra Advisory Services LLC Grows Stake in Alerian MLP ETF $AMLP

Kestra Advisory Services LLC increased its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 55.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 247,302 shares of the exchange traded fund’s stock after purchasing an additional 88,484 shares during the period. Kestra Advisory Services LLC owned 0.11% of Alerian MLP ETF worth $13,018,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mayfair Advisory Group LLC boosted its holdings in Alerian MLP ETF by 3.4% in the 1st quarter. Mayfair Advisory Group LLC now owns 6,079 shares of the exchange traded fund’s stock worth $320,000 after buying an additional 200 shares during the last quarter. J2 Capital Management Inc increased 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 buying an additional 218 shares in the last quarter. CWA Asset Management Group LLC raised its holdings in shares of Alerian MLP ETF by 1.1% during the fourth quarter. CWA Asset Management Group LLC now owns 19,438 shares of the exchange traded fund’s stock valued at $914,000 after acquiring an additional 220 shares during the last quarter. Bogart Wealth LLC raised its holdings in shares of Alerian MLP ETF by 4.4% during the fourth quarter. Bogart Wealth LLC now owns 5,721 shares of the exchange traded fund’s stock valued at $269,000 after acquiring an additional 242 shares during the last quarter. Finally, Auour Investments LLC lifted its position in shares of Alerian MLP ETF by 1.4% in the fourth quarter. Auour Investments LLC now owns 18,975 shares of the exchange traded fund’s stock valued at $892,000 after acquiring an additional 254 shares in the last quarter.

Alerian MLP ETF Price Performance

NYSEARCA AMLP opened at $52.70 on Monday. The stock’s 50 day simple moving average is $52.62 and its 200-day simple moving average is $51.46. The company has a market cap of $12.41 billion, a PE ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a 1-year low of $44.64 and a 1-year high of $55.22.

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).