Oak Family Advisors LLC Has $1.03 Million Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Oak Family Advisors LLC grew its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 5.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 21,442 shares of the exchange traded fund’s stock after acquiring an additional 1,087 shares during the period. Oak Family Advisors LLC’s holdings in Alerian MLP ETF were worth $1,033,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of AMLP. Hilton Capital Management LLC bought a new position in Alerian MLP ETF in the third quarter valued at $31,562,000. EP Wealth Advisors LLC lifted its stake in shares of Alerian MLP ETF by 10,423.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 511,442 shares of the exchange traded fund’s stock worth $24,104,000 after buying an additional 506,582 shares during the last quarter. School Employees Retirement Board of Ohio bought a new stake in shares of Alerian MLP ETF during the 3rd quarter worth about $14,643,000. LPL Financial LLC grew its stake in Alerian MLP ETF by 13.0% in the 3rd quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock valued at $113,110,000 after buying an additional 275,254 shares during the last quarter. Finally, Crescent Grove Advisors LLC bought a new position in Alerian MLP ETF in the 4th quarter valued at about $12,868,000.

Alerian MLP ETF Price Performance

AMLP opened at $51.57 on Monday. Alerian MLP ETF has a 1 year low of $43.02 and a 1 year high of $52.82. The company has a market capitalization of $9.28 billion, a PE ratio of 13.08 and a beta of 0.48. The business has a fifty day simple moving average of $49.74 and a 200 day simple moving average of $48.12.

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.