Krilogy Financial LLC Sells 7,373 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Krilogy Financial LLC lowered its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 38.5% in the fourth quarter, HoldingsChannel reports. The firm owned 11,759 shares of the exchange traded fund’s stock after selling 7,373 shares during the period. Krilogy Financial LLC’s holdings in Alerian MLP ETF were worth $566,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Cypress Wealth Services LLC grew its holdings in Alerian MLP ETF by 3.7% during the third quarter. Cypress Wealth Services LLC now owns 6,021 shares of the exchange traded fund’s stock worth $284,000 after purchasing an additional 217 shares during the period. Retirement Planning Group LLC grew its holdings in Alerian MLP ETF by 2.9% during the third quarter. Retirement Planning Group LLC now owns 7,830 shares of the exchange traded fund’s stock worth $369,000 after purchasing an additional 218 shares during the period. Opal Wealth Advisors LLC grew its holdings in Alerian MLP ETF by 2.7% during the third quarter. Opal Wealth Advisors LLC now owns 9,167 shares of the exchange traded fund’s stock worth $432,000 after purchasing an additional 242 shares during the period. Mach 1 Financial Group LLC grew its holdings in Alerian MLP ETF by 2.4% during the third quarter. Mach 1 Financial Group LLC now owns 10,487 shares of the exchange traded fund’s stock worth $494,000 after purchasing an additional 244 shares during the period. Finally, Avidian Wealth Enterprises LLC grew its holdings in Alerian MLP ETF by 1.7% during the third quarter. Avidian Wealth Enterprises LLC now owns 16,219 shares of the exchange traded fund’s stock worth $764,000 after purchasing an additional 265 shares during the period.

Alerian MLP ETF Stock Performance

Alerian MLP ETF stock opened at $51.71 on Monday. The stock has a 50-day simple moving average of $49.01 and a 200 day simple moving average of $47.88. The stock has a market capitalization of $9.30 billion, a P/E ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52 week low of $42.25 and a 52 week high of $51.75.

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.