RiverTree Advisors LLC Has $4.40 Million Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

RiverTree Advisors LLC reduced its position in Alerian MLP ETF (NYSEARCA:AMLP) by 1.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 91,296 shares of the exchange traded fund’s stock after selling 1,013 shares during the period. Alerian MLP ETF accounts for approximately 2.9% of RiverTree Advisors LLC’s investment portfolio, making the stock its 13th largest holding. RiverTree Advisors LLC owned approximately 0.05% of Alerian MLP ETF worth $4,397,000 at the end of the most recent reporting period.

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

Alerian MLP ETF Trading Up 0.4 %

NYSEARCA:AMLP opened at $51.71 on Monday. The firm has a market capitalization of $9.30 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 $51.75. The business’s 50-day moving average price is $49.01 and its two-hundred day moving average price is $47.88.

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.