Ulland Investment Advisors LLC Buys 4,188 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Ulland Investment Advisors LLC lifted its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 39.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 14,918 shares of the exchange traded fund’s stock after acquiring an additional 4,188 shares during the period. Ulland Investment Advisors LLC’s holdings in Alerian MLP ETF were worth $718,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Ashton Thomas Securities LLC bought a new stake in Alerian MLP ETF during the 3rd quarter valued at $28,000. City State Bank acquired a new stake in shares of Alerian MLP ETF in the 4th quarter worth about $40,000. Massmutual Trust Co. FSB ADV bought a new position in Alerian MLP ETF in the 3rd quarter valued at about $40,000. ORG Wealth Partners LLC acquired a new position in Alerian MLP ETF during the 3rd quarter valued at about $41,000. Finally, Advisors Asset Management Inc. bought a new stake in Alerian MLP ETF during the 3rd quarter worth approximately $65,000.

Alerian MLP ETF Stock Up 0.4 %

Shares of Alerian MLP ETF stock opened at $51.71 on Tuesday. The company has a market cap of $9.30 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52 week low of $42.25 and a 52 week high of $51.75. The business has a 50 day moving average price of $49.08 and a 200-day moving average price of $47.90.

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.