Searcy Financial Services Inc. ADV Has $15.10 Million Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Searcy Financial Services Inc. ADV boosted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 0.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 318,105 shares of the exchange traded fund’s stock after buying an additional 2,426 shares during the quarter. Alerian MLP ETF makes up approximately 7.7% of Searcy Financial Services Inc. ADV’s investment portfolio, making the stock its 6th largest position. Searcy Financial Services Inc. ADV owned 0.18% of Alerian MLP ETF worth $15,097,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Main Street Financial Solutions LLC increased its position in Alerian MLP ETF by 2.9% during the 4th quarter. Main Street Financial Solutions LLC now owns 47,714 shares of the exchange traded fund’s stock valued at $2,029,000 after purchasing an additional 1,353 shares during the period. 1832 Asset Management L.P. acquired a new stake in Alerian MLP ETF during the 4th quarter valued at approximately $51,416,000. Steward Partners Investment Advisory LLC increased its position in Alerian MLP ETF by 1.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 56,522 shares of the exchange traded fund’s stock valued at $2,403,000 after purchasing an additional 824 shares during the period. Mckinley Capital Management LLC increased its position in Alerian MLP ETF by 3.0% during the 4th quarter. Mckinley Capital Management LLC now owns 158,700 shares of the exchange traded fund’s stock valued at $6,748,000 after purchasing an additional 4,631 shares during the period. Finally, Raymond James & Associates increased its position in Alerian MLP ETF by 5.1% during the 4th quarter. Raymond James & Associates now owns 1,305,809 shares of the exchange traded fund’s stock valued at $55,523,000 after purchasing an additional 63,053 shares during the period.

Alerian MLP ETF Trading Up 0.6 %

NYSEARCA:AMLP traded up $0.28 on Friday, reaching $47.98. 1,377,841 shares of the stock traded hands, compared to its average volume of 1,248,559. The firm has a market capitalization of $8.63 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 1-year low of $38.81 and a 1-year high of $48.48. The company’s 50 day moving average is $46.59 and its 200-day moving average is $45.45.

Alerian MLP ETF 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.