Barry Investment Advisors LLC Increases Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Barry Investment Advisors LLC boosted its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,253 shares of the exchange traded fund’s stock after purchasing an additional 1,498 shares during the quarter. Barry Investment Advisors LLC’s holdings in Alerian MLP ETF were worth $2,035,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Alerian MLP ETF Stock Up 1.3 %

NYSEARCA:AMLP opened at $51.76 on Wednesday. The stock has a market cap of $9.31 billion, a P/E ratio of 13.08 and a beta of 0.48. The firm’s fifty day simple moving average is $49.57 and its 200 day simple moving average is $48.05. Alerian MLP ETF has a twelve month low of $43.02 and a twelve month high of $52.82.

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.