Alerian MLP ETF (NYSEARCA:AMLP) Stock Position Increased by Madison Park Capital Advisors LLC

Madison Park Capital Advisors LLC increased its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 5.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 134,715 shares of the exchange traded fund’s stock after buying an additional 6,832 shares during the period. Alerian MLP ETF accounts for 5.2% of Madison Park Capital Advisors LLC’s holdings, making the stock its 5th biggest position. Madison Park Capital Advisors LLC owned about 0.07% of Alerian MLP ETF worth $6,488,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in AMLP. Hilton Capital Management LLC purchased a new position in Alerian MLP ETF during 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% in the third 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 in the last quarter. School Employees Retirement Board of Ohio purchased a new position in shares of Alerian MLP ETF in the third quarter worth about $14,643,000. LPL Financial LLC lifted its stake in shares of Alerian MLP ETF by 13.0% in the third quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock worth $113,110,000 after buying an additional 275,254 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of Alerian MLP ETF by 233.3% in the second quarter. NewEdge Advisors LLC now owns 375,554 shares of the exchange traded fund’s stock worth $18,019,000 after buying an additional 262,884 shares in the last quarter.

Alerian MLP ETF Trading Up 1.5 %

NYSEARCA:AMLP opened at $52.47 on Wednesday. The company’s 50-day moving average price is $49.17 and its 200-day moving average price is $47.93. The company has a market cap of $9.44 billion, a P/E ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a twelve month low of $42.69 and a twelve month high of $52.65.

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.