Alerian MLP ETF $AMLP Shares Purchased by TKG Advisors LLC

TKG Advisors LLC raised its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 6.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 88,781 shares of the exchange traded fund’s stock after purchasing an additional 5,287 shares during the period. Alerian MLP ETF accounts for approximately 1.9% of TKG Advisors LLC’s holdings, making the stock its 21st biggest position. TKG Advisors LLC’s holdings in Alerian MLP ETF were worth $4,338,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in AMLP. Brighton Jones LLC boosted its position in shares of Alerian MLP ETF by 19.4% during the fourth quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock worth $2,157,000 after buying an additional 7,280 shares during the period. First Horizon Advisors Inc. boosted its position in Alerian MLP ETF by 40.3% during the 1st quarter. First Horizon Advisors Inc. now owns 1,045 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 300 shares during the period. Bank of New York Mellon Corp acquired a new position in Alerian MLP ETF during the 1st quarter worth $231,000. Concurrent Investment Advisors LLC boosted its position in Alerian MLP ETF by 186.9% during the 1st quarter. Concurrent Investment Advisors LLC now owns 37,351 shares of the exchange traded fund’s stock worth $1,940,000 after acquiring an additional 24,331 shares during the period. Finally, TD Private Client Wealth LLC boosted its position in Alerian MLP ETF by 20.6% during the 1st quarter. TD Private Client Wealth LLC now owns 8,774 shares of the exchange traded fund’s stock worth $456,000 after acquiring an additional 1,501 shares during the period.

Alerian MLP ETF Stock Down 0.2%

AMLP stock opened at $46.55 on Wednesday. The company has a market capitalization of $10.22 billion, a P/E ratio of 14.17 and a beta of 0.70. The company has a 50-day simple moving average of $46.99 and a 200 day simple moving average of $48.08. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $53.24.

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.