Crews Bank & Trust Purchases Shares of 800 Alerian MLP ETF $AMLP

Crews Bank & Trust acquired a new position in shares of Alerian MLP ETF (NYSEARCA:AMLP) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 800 shares of the exchange traded fund’s stock, valued at approximately $39,000.

Several other large investors have also modified their holdings of the stock. Nova Wealth Management Inc. acquired a new position in Alerian MLP ETF in the second quarter valued at $28,000. Headlands Technologies LLC purchased a new stake in shares of Alerian MLP ETF in the 1st quarter valued at about $31,000. Golden State Wealth Management LLC acquired a new stake in shares of Alerian MLP ETF in the 1st quarter valued at about $34,000. Copia Wealth Management purchased a new position in Alerian MLP ETF during the 1st quarter worth approximately $38,000. Finally, Independence Bank of Kentucky increased its position in Alerian MLP ETF by 517.5% during the second quarter. Independence Bank of Kentucky now owns 988 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 828 shares during the period.

Alerian MLP ETF Trading Up 0.0%

Shares of NYSEARCA AMLP opened at $46.64 on Friday. The stock has a market cap of $10.24 billion, a P/E ratio of 14.17 and a beta of 1.42. Alerian MLP ETF has a twelve month low of $43.75 and a twelve month high of $53.24. The stock has a 50 day moving average of $48.11 and a two-hundred day moving average of $48.59.

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.