Balefire LLC Has $3.99 Million Holdings in Alerian MLP ETF $AMLP

Balefire LLC decreased its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 17.7% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 75,865 shares of the exchange traded fund’s stock after selling 16,310 shares during the quarter. Alerian MLP ETF accounts for about 0.7% of Balefire LLC’s holdings, making the stock its 27th biggest position. Balefire LLC’s holdings in Alerian MLP ETF were worth $3,994,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMLP. Parallel Advisors LLC lifted its holdings in Alerian MLP ETF by 9.6% during the 1st quarter. Parallel Advisors LLC now owns 27,118 shares of the exchange traded fund’s stock worth $1,428,000 after purchasing an additional 2,378 shares during the last quarter. Aviance Capital Partners LLC increased its position in Alerian MLP ETF by 1.3% during the first quarter. Aviance Capital Partners LLC now owns 34,736 shares of the exchange traded fund’s stock worth $1,829,000 after acquiring an additional 456 shares during the period. Quadrant Private Wealth Management LLC bought a new position in Alerian MLP ETF during the first quarter worth about $315,000. Kera Capital Partners Inc. raised its stake in Alerian MLP ETF by 36.6% in the 1st quarter. Kera Capital Partners Inc. now owns 210,781 shares of the exchange traded fund’s stock worth $11,096,000 after purchasing an additional 56,426 shares in the last quarter. Finally, Gould Asset Management LLC CA raised its stake in Alerian MLP ETF by 8.5% in the 1st quarter. Gould Asset Management LLC CA now owns 18,974 shares of the exchange traded fund’s stock worth $999,000 after purchasing an additional 1,480 shares in the last quarter.

Alerian MLP ETF Stock Performance

NYSEARCA AMLP opened at $54.03 on Monday. The company has a market cap of $12.73 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50. The company has a 50 day moving average of $52.64 and a 200-day moving average of $51.70. Alerian MLP ETF has a 1-year low of $44.64 and a 1-year high of $55.22.

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. 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).