NTV Asset Management LLC Raises Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

NTV Asset Management LLC lifted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 18.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 76,817 shares of the exchange traded fund’s stock after acquiring an additional 12,000 shares during the period. NTV Asset Management LLC’s holdings in Alerian MLP ETF were worth $3,266,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AMLP. Provence Wealth Management Group bought a new position in Alerian MLP ETF during the third quarter valued at $31,000. McGlone Suttner Wealth Management Inc. purchased a new stake in Alerian MLP ETF in the 4th quarter worth about $39,000. Friedenthal Financial bought a new stake in Alerian MLP ETF in the fourth quarter worth about $54,000. Signaturefd LLC bought a new position in shares of Alerian MLP ETF during the fourth quarter valued at approximately $77,000. Finally, Headlands Technologies LLC purchased a new stake in shares of Alerian MLP ETF in the third quarter worth approximately $87,000.

Alerian MLP ETF Stock Up 0.9 %

AMLP traded up $0.41 during trading hours on Friday, reaching $47.30. 1,245,957 shares of the company’s stock traded hands, compared to its average volume of 1,271,892. The firm has a 50-day moving average price of $46.86 and a 200 day moving average price of $44.41. The firm has a market capitalization of $8.51 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52-week low of $37.06 and a 52-week high of $48.48.

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.