122,860 Shares in Alerian MLP ETF $AMLP Bought by Valen Private Capital LLC

Valen Private Capital LLC purchased a new position in Alerian MLP ETF (NYSEARCA:AMLP) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 122,860 shares of the exchange traded fund’s stock, valued at approximately $6,373,000. Alerian MLP ETF comprises 2.0% of Valen Private Capital LLC’s holdings, making the stock its 18th biggest holding. Valen Private Capital LLC owned 0.05% of Alerian MLP ETF as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. NTV Asset Management LLC lifted its position in shares of Alerian MLP ETF by 3.5% during the 3rd quarter. NTV Asset Management LLC now owns 135,827 shares of the exchange traded fund’s stock valued at $7,045,000 after acquiring an additional 4,649 shares during the last quarter. Evergreen Capital Management LLC boosted its stake in shares of Alerian MLP ETF by 2.1% during the 3rd quarter. Evergreen Capital Management LLC now owns 174,986 shares of the exchange traded fund’s stock worth $9,077,000 after acquiring an additional 3,669 shares in the last quarter. Tectonic Advisors LLC boosted its stake in shares of Alerian MLP ETF by 3.0% during the 3rd quarter. Tectonic Advisors LLC now owns 288,621 shares of the exchange traded fund’s stock worth $14,971,000 after acquiring an additional 8,411 shares in the last quarter. Mills Wealth Advisors LLC grew its holdings in shares of Alerian MLP ETF by 0.7% in the 3rd quarter. Mills Wealth Advisors LLC now owns 66,263 shares of the exchange traded fund’s stock worth $3,437,000 after acquiring an additional 453 shares during the last quarter. Finally, WP Advisors LLC grew its holdings in shares of Alerian MLP ETF by 22.9% in the 3rd quarter. WP Advisors LLC now owns 41,094 shares of the exchange traded fund’s stock worth $2,132,000 after acquiring an additional 7,653 shares during the last quarter.

Alerian MLP ETF Stock Up 1.5%

Shares of NYSEARCA AMLP opened at $53.14 on Friday. Alerian MLP ETF has a 12 month low of $46.04 and a 12 month high of $56.43. The company has a market cap of $12.82 billion, a price-to-earnings ratio of 14.17 and a beta of 0.54. The business has a fifty day simple moving average of $54.06 and a 200-day simple moving average of $53.39.

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. 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).