Lido Advisors LLC grew its holdings in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 10.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 137,087 shares of the exchange traded fund’s stock after purchasing an additional 12,576 shares during the quarter. Lido Advisors LLC owned 0.06% of Alerian MLP ETF worth $7,216,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the business. Evexia Wealth LLC raised its position in Alerian MLP ETF by 76.6% in the 4th quarter. Evexia Wealth LLC now owns 34,676 shares of the exchange traded fund’s stock valued at $1,703,000 after purchasing an additional 15,039 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in shares of Alerian MLP ETF by 20.3% in the 4th quarter. Sanctuary Advisors LLC now owns 184,231 shares of the exchange traded fund’s stock valued at $8,663,000 after buying an additional 31,089 shares during the period. Spirepoint Private Client LLC grew its position in shares of Alerian MLP ETF by 14.5% during the fourth quarter. Spirepoint Private Client LLC now owns 373,406 shares of the exchange traded fund’s stock worth $17,558,000 after buying an additional 47,217 shares in the last quarter. Searcy Financial Services Inc. ADV grew its position in shares of Alerian MLP ETF by 6.6% during the fourth quarter. Searcy Financial Services Inc. ADV now owns 375,719 shares of the exchange traded fund’s stock worth $17,666,000 after buying an additional 23,317 shares in the last quarter. Finally, Dakota Wealth Management acquired a new position in shares of Alerian MLP ETF during the fourth quarter worth about $1,359,000.
Alerian MLP ETF Stock Performance
AMLP stock opened at $54.99 on Friday. The company’s 50 day moving average price is $52.74 and its 200 day moving average price is $51.93. The firm has a market capitalization of $12.93 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a fifty-two week low of $44.64 and a fifty-two week high of $55.62.
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).
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