Alpha Omega Wealth Management LLC Sells 951 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Alpha Omega Wealth Management LLC reduced its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 12.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,406 shares of the exchange traded fund’s stock after selling 951 shares during the period. Alpha Omega Wealth Management LLC’s holdings in Alerian MLP ETF were worth $309,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Destiny Wealth Partners LLC acquired a new stake in shares of Alerian MLP ETF during the 4th quarter worth approximately $206,000. Chicago Partners Investment Group LLC raised its holdings in shares of Alerian MLP ETF by 6.8% during the 4th quarter. Chicago Partners Investment Group LLC now owns 61,958 shares of the exchange traded fund’s stock worth $3,064,000 after buying an additional 3,961 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of Alerian MLP ETF during the 4th quarter worth $118,000. FSA Investment Group LLC acquired a new stake in Alerian MLP ETF in the fourth quarter valued at about $442,000. Finally, Capital Investment Advisory Services LLC grew its position in Alerian MLP ETF by 2.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 8,024 shares of the exchange traded fund’s stock valued at $386,000 after acquiring an additional 222 shares during the last quarter.

Alerian MLP ETF Trading Down 1.1 %

Shares of NYSEARCA AMLP opened at $51.57 on Friday. The stock has a 50-day moving average price of $49.74 and a two-hundred day moving average price of $48.13. Alerian MLP ETF has a 12 month low of $43.02 and a 12 month 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.

Alerian MLP ETF Company 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.