Alerian MLP ETF (NYSEARCA:AMLP) Shares Purchased by HFG Wealth Management LLC

HFG Wealth Management LLC increased its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 4.9% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 31,031 shares of the exchange traded fund’s stock after purchasing an additional 1,450 shares during the period. Alerian MLP ETF makes up approximately 0.9% of HFG Wealth Management LLC’s investment portfolio, making the stock its 24th largest position. HFG Wealth Management LLC’s holdings in Alerian MLP ETF were worth $1,489,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AMLP. Trexquant Investment LP lifted its stake in Alerian MLP ETF by 7.6% during the 4th quarter. Trexquant Investment LP now owns 11,287 shares of the exchange traded fund’s stock worth $480,000 after acquiring an additional 798 shares in the last quarter. Belpointe Asset Management LLC grew its holdings in shares of Alerian MLP ETF by 2.8% in the fourth quarter. Belpointe Asset Management LLC now owns 28,233 shares of the exchange traded fund’s stock valued at $1,201,000 after purchasing an additional 774 shares in the last quarter. Arbor Capital Management Inc. ADV purchased a new stake in Alerian MLP ETF during the 4th quarter worth approximately $1,615,000. Oppenheimer & Co. Inc. lifted its holdings in Alerian MLP ETF by 1.4% during the 4th quarter. Oppenheimer & Co. Inc. now owns 81,325 shares of the exchange traded fund’s stock worth $3,458,000 after buying an additional 1,094 shares in the last quarter. Finally, Cetera Advisor Networks LLC increased its position in shares of Alerian MLP ETF by 19.4% during the fourth quarter. Cetera Advisor Networks LLC now owns 180,547 shares of the exchange traded fund’s stock worth $7,677,000 after acquiring an additional 29,346 shares during the period.

Alerian MLP ETF Trading Up 0.3 %

NYSEARCA:AMLP opened at $47.13 on Tuesday. Alerian MLP ETF has a 12-month low of $40.03 and a 12-month high of $49.44. The firm has a market cap of $8.48 billion, a PE ratio of 13.08 and a beta of 0.48. The stock has a fifty day moving average price of $46.93 and a 200 day moving average price of $47.01.

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.