Fortem Financial Group LLC Has $11.31 Million Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Fortem Financial Group LLC lifted its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 0.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 234,906 shares of the exchange traded fund’s stock after purchasing an additional 2,058 shares during the quarter. Alerian MLP ETF comprises 4.4% of Fortem Financial Group LLC’s investment portfolio, making the stock its biggest holding. Fortem Financial Group LLC’s holdings in Alerian MLP ETF were worth $11,313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently made changes to their positions in AMLP. Cypress Wealth Services LLC raised its holdings in Alerian MLP ETF by 3.7% during the third quarter. Cypress Wealth Services LLC now owns 6,021 shares of the exchange traded fund’s stock worth $284,000 after buying an additional 217 shares during the last quarter. Retirement Planning Group LLC raised its holdings in shares of Alerian MLP ETF by 2.9% in the 3rd quarter. Retirement Planning Group LLC now owns 7,830 shares of the exchange traded fund’s stock worth $369,000 after acquiring an additional 218 shares during the last quarter. Opal Wealth Advisors LLC lifted its position in Alerian MLP ETF by 2.7% in the 3rd quarter. Opal Wealth Advisors LLC now owns 9,167 shares of the exchange traded fund’s stock valued at $432,000 after acquiring an additional 242 shares in the last quarter. Mach 1 Financial Group LLC boosted its stake in Alerian MLP ETF by 2.4% during the 3rd quarter. Mach 1 Financial Group LLC now owns 10,487 shares of the exchange traded fund’s stock valued at $494,000 after purchasing an additional 244 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC increased its holdings in Alerian MLP ETF by 1.7% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 16,219 shares of the exchange traded fund’s stock worth $764,000 after purchasing an additional 265 shares in the last quarter.

Alerian MLP ETF Stock Performance

Shares of Alerian MLP ETF stock traded up $0.03 on Monday, hitting $48.82. The company had a trading volume of 1,141,906 shares, compared to its average volume of 1,097,347. The stock has a market capitalization of $8.78 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 1 year low of $42.25 and a 1 year high of $51.47. The stock has a 50 day moving average of $48.46 and a 200-day moving average of $47.72.

About Alerian MLP ETF

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.