5th Street Advisors LLC Boosts Holdings in Alerian MLP ETF $AMLP

5th Street Advisors LLC lifted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 16.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 94,211 shares of the exchange traded fund’s stock after purchasing an additional 13,391 shares during the period. Alerian MLP ETF makes up 2.2% of 5th Street Advisors LLC’s holdings, making the stock its 17th biggest holding. 5th Street Advisors LLC’s holdings in Alerian MLP ETF were worth $4,421,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Kingswood Wealth Advisors LLC raised its holdings in shares of Alerian MLP ETF by 7.7% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 38,622 shares of the exchange traded fund’s stock valued at $1,887,000 after purchasing an additional 2,775 shares in the last quarter. Oxbow Advisors LLC increased its holdings in Alerian MLP ETF by 11.5% in the third quarter. Oxbow Advisors LLC now owns 202,356 shares of the exchange traded fund’s stock valued at $9,497,000 after buying an additional 20,800 shares during the last quarter. Americana Partners LLC raised its stake in Alerian MLP ETF by 68.8% in the second quarter. Americana Partners LLC now owns 21,758 shares of the exchange traded fund’s stock valued at $1,063,000 after buying an additional 8,871 shares in the last quarter. Ball & Co Wealth Management Inc. lifted its holdings in Alerian MLP ETF by 6.8% during the 3rd quarter. Ball & Co Wealth Management Inc. now owns 216,829 shares of the exchange traded fund’s stock worth $10,175,000 after buying an additional 13,843 shares during the last quarter. Finally, Investment House LLC purchased a new stake in Alerian MLP ETF during the 3rd quarter worth about $735,000.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA AMLP opened at $50.03 on Friday. The stock’s 50-day simple moving average is $47.91 and its 200-day simple moving average is $47.68. The firm has a market capitalization of $11.20 billion, a PE ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $53.24.

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).