4,285 Shares in Alerian MLP ETF (NYSEARCA:AMLP) Acquired by Destiny Wealth Partners LLC

Destiny Wealth Partners LLC bought a new position in shares of Alerian MLP ETF (NYSEARCA:AMLP) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 4,285 shares of the exchange traded fund’s stock, valued at approximately $206,000.

Several other hedge funds and other institutional investors have also modified their holdings of AMLP. Ashton Thomas Securities LLC bought a new position in Alerian MLP ETF in the 3rd quarter valued at $28,000. Massmutual Trust Co. FSB ADV bought a new position in Alerian MLP ETF in the 3rd quarter valued at $40,000. City State Bank bought a new position in Alerian MLP ETF in the 4th quarter valued at $40,000. ORG Wealth Partners LLC bought a new position in Alerian MLP ETF in the 3rd quarter valued at $41,000. Finally, Advisors Asset Management Inc. bought a new position in Alerian MLP ETF in the 3rd quarter valued at $65,000.

Alerian MLP ETF Stock Performance

Shares of AMLP opened at $51.57 on Friday. The stock has a fifty day moving average price of $49.74 and a two-hundred day moving average price of $48.13. Alerian MLP ETF has a 52-week low of $43.02 and a 52-week high of $52.82. The company has a market cap of $9.28 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.

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.