MBA Advisors LLC Buys 6,869 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

MBA Advisors LLC grew its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 48.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,169 shares of the exchange traded fund’s stock after acquiring an additional 6,869 shares during the period. MBA Advisors LLC’s holdings in Alerian MLP ETF were worth $1,019,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Hilton Capital Management LLC acquired a new stake in Alerian MLP ETF during the 3rd quarter worth approximately $31,562,000. EP Wealth Advisors LLC increased its position in Alerian MLP ETF by 10,423.5% during the 3rd 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 during the period. School Employees Retirement Board of Ohio acquired a new stake in shares of Alerian MLP ETF during the third quarter worth $14,643,000. LPL Financial LLC boosted its position 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 valued at $113,110,000 after acquiring an additional 275,254 shares during the period. Finally, Crescent Grove Advisors LLC acquired a new position in shares of Alerian MLP ETF in the fourth quarter valued at about $12,868,000.

Alerian MLP ETF Stock Performance

NYSEARCA:AMLP opened at $52.18 on Monday. Alerian MLP ETF has a 52 week low of $43.02 and a 52 week high of $53.24. The firm’s 50-day simple moving average is $49.98 and its 200 day simple moving average is $48.25. The firm has a market cap of $9.39 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.

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.