Claris Financial LLC Makes New Investment in Alerian MLP ETF $AMLP

Claris Financial LLC bought a new position in shares of Alerian MLP ETF (NYSEARCA:AMLP) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 18,676 shares of the exchange traded fund’s stock, valued at approximately $878,000.

Several other institutional investors also recently bought and sold shares of AMLP. TMB Capital Partners LLC acquired a new stake in shares of Alerian MLP ETF during the 4th quarter worth approximately $832,000. Axxcess Wealth Management LLC increased its holdings in shares of Alerian MLP ETF by 2.8% during the 4th quarter. Axxcess Wealth Management LLC now owns 30,231 shares of the exchange traded fund’s stock valued at $1,421,000 after purchasing an additional 819 shares in the last quarter. Corient Private Wealth LLC lifted its stake in shares of Alerian MLP ETF by 61.1% in the 4th quarter. Corient Private Wealth LLC now owns 184,235 shares of the exchange traded fund’s stock valued at $8,663,000 after purchasing an additional 69,880 shares during the period. Mercer Global Advisors Inc. ADV lifted its stake in shares of Alerian MLP ETF by 32.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 100,602 shares of the exchange traded fund’s stock valued at $4,730,000 after purchasing an additional 24,750 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in Alerian MLP ETF by 0.7% during the fourth quarter. Raymond James Financial Inc. now owns 2,564,934 shares of the exchange traded fund’s stock worth $120,603,000 after buying an additional 17,122 shares in the last quarter.

Alerian MLP ETF Stock Performance

AMLP stock opened at $50.67 on Friday. The firm has a market cap of $11.82 billion, a PE ratio of 14.17 and a beta of 0.50. The firm’s fifty day moving average is $52.66 and its 200 day moving average is $50.96. Alerian MLP ETF has a one year low of $44.64 and a one year high of $55.22.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).