Moseley Investment Management Inc. trimmed its position in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 7.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,249 shares of the exchange traded fund’s stock after selling 538 shares during the quarter. Moseley Investment Management Inc.’s holdings in Alerian MLP ETF were worth $301,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in AMLP. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Alerian MLP ETF by 53.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,720 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 600 shares during the last quarter. Park Avenue Securities LLC raised its position in Alerian MLP ETF by 38.8% during the 4th quarter. Park Avenue Securities LLC now owns 32,525 shares of the exchange traded fund’s stock worth $1,566,000 after purchasing an additional 9,088 shares during the last quarter. SeaCrest Wealth Management LLC lifted its holdings in Alerian MLP ETF by 44.2% during the 4th quarter. SeaCrest Wealth Management LLC now owns 8,342 shares of the exchange traded fund’s stock worth $402,000 after buying an additional 2,558 shares during the period. Mayfair Advisory Group LLC grew its position in shares of Alerian MLP ETF by 9.1% in the 4th quarter. Mayfair Advisory Group LLC now owns 5,425 shares of the exchange traded fund’s stock valued at $261,000 after buying an additional 452 shares during the last quarter. Finally, Fortis Advisors LLC grew its position in shares of Alerian MLP ETF by 2.0% in the 4th quarter. Fortis Advisors LLC now owns 36,552 shares of the exchange traded fund’s stock valued at $1,760,000 after buying an additional 708 shares during the last quarter.
Alerian MLP ETF Price Performance
Shares of AMLP opened at $50.49 on Wednesday. The business has a 50-day moving average of $48.77 and a 200-day moving average of $47.80. The company has a market capitalization of $9.08 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.
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.
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