MPS Loria Financial Planners LLC Purchases 649 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

MPS Loria Financial Planners LLC boosted its position in Alerian MLP ETF (NYSEARCA:AMLP) by 13.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,512 shares of the exchange traded fund’s stock after acquiring an additional 649 shares during the period. MPS Loria Financial Planners LLC’s holdings in Alerian MLP ETF were worth $262,000 at the end of the most recent quarter.

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

Alerian MLP ETF Trading Up 0.6 %

Shares of NYSEARCA AMLP traded up $0.28 during mid-day trading on Friday, reaching $47.98. 1,377,841 shares of the company’s stock were exchanged, 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. The business has a fifty day simple moving average of $46.59 and a 200 day simple moving average of $45.48. Alerian MLP ETF has a twelve month low of $38.81 and a twelve month high of $48.48.

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.