MPS Loria Financial Planners LLC Raises Position in Alerian MLP ETF (NYSEARCA:AMLP)

MPS Loria Financial Planners LLC raised its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 13.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,512 shares of the exchange traded fund’s stock after purchasing an additional 649 shares during the quarter. MPS Loria Financial Planners LLC’s holdings in Alerian MLP ETF were worth $262,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Main Street Financial Solutions LLC increased its position in shares of Alerian MLP ETF by 2.9% during the fourth quarter. Main Street Financial Solutions LLC now owns 47,714 shares of the exchange traded fund’s stock valued at $2,029,000 after acquiring an additional 1,353 shares during the last quarter. 1832 Asset Management L.P. purchased a new stake in shares of Alerian MLP ETF during the fourth quarter valued at approximately $51,416,000. Steward Partners Investment Advisory LLC increased its position in shares of Alerian MLP ETF by 1.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 56,522 shares of the exchange traded fund’s stock valued at $2,403,000 after acquiring an additional 824 shares during the last quarter. Mckinley Capital Management LLC increased its position in shares of Alerian MLP ETF by 3.0% during the fourth quarter. Mckinley Capital Management LLC now owns 158,700 shares of the exchange traded fund’s stock valued at $6,748,000 after acquiring an additional 4,631 shares during the last quarter. Finally, Raymond James & Associates increased its position in shares of Alerian MLP ETF by 5.1% during the fourth quarter. Raymond James & Associates now owns 1,305,809 shares of the exchange traded fund’s stock valued at $55,523,000 after acquiring an additional 63,053 shares during the last quarter.

Alerian MLP ETF Trading Up 0.6 %

Shares of AMLP traded up $0.28 on Friday, reaching $47.98. 1,377,841 shares of the company’s stock traded hands, compared to its average volume of 1,248,559. The stock has a market cap of $8.63 billion, a PE ratio of 13.08 and a beta of 0.48. The stock’s 50 day simple moving average is $46.59 and its two-hundred day simple moving average is $45.48. Alerian MLP ETF has a 52-week low of $38.81 and a 52-week high of $48.48.

Alerian MLP ETF Company 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.