Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Whalen Wealth Management Inc.

Whalen Wealth Management Inc. decreased its position in Alerian MLP ETF (NYSEARCA:AMLP) by 4.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 22,169 shares of the exchange traded fund’s stock after selling 977 shares during the period. Alerian MLP ETF comprises approximately 0.7% of Whalen Wealth Management Inc.’s portfolio, making the stock its 28th biggest holding. Whalen Wealth Management Inc.’s holdings in Alerian MLP ETF were worth $1,045,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Russell Investments Group Ltd. purchased a new position in Alerian MLP ETF during the 1st quarter valued at about $27,000. Ashton Thomas Securities LLC acquired a new stake in shares of Alerian MLP ETF in the third quarter valued at approximately $28,000. Asset Dedication LLC increased its stake in shares of Alerian MLP ETF by 1,244.0% during the 2nd quarter. Asset Dedication LLC now owns 672 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 622 shares in the last quarter. Massmutual Trust Co. FSB ADV acquired a new position in shares of Alerian MLP ETF during the 3rd quarter worth approximately $40,000. Finally, ORG Wealth Partners LLC purchased a new stake in Alerian MLP ETF in the 3rd quarter valued at approximately $41,000.

Alerian MLP ETF Stock Performance

Alerian MLP ETF stock opened at $48.31 on Tuesday. Alerian MLP ETF has a fifty-two week low of $41.06 and a fifty-two week high of $49.44. The stock has a fifty day moving average of $47.29 and a two-hundred day moving average of $47.07. The company has a market capitalization of $8.69 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.

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.