U.S. Capital Wealth Advisors LLC Increases Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

U.S. Capital Wealth Advisors LLC boosted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 15.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 88,810 shares of the exchange traded fund’s stock after purchasing an additional 11,665 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Alerian MLP ETF were worth $4,277,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of AMLP. Park Avenue Securities LLC boosted its position in Alerian MLP ETF by 38.8% during the 4th quarter. Park Avenue Securities LLC now owns 32,525 shares of the exchange traded fund’s stock valued at $1,566,000 after acquiring an additional 9,088 shares in the last quarter. Farther Finance Advisors LLC boosted its position in Alerian MLP ETF by 532.8% during the third quarter. Farther Finance Advisors LLC now owns 19,668 shares of the exchange traded fund’s stock valued at $927,000 after purchasing an additional 16,560 shares in the last quarter. Advisors Asset Management Inc. purchased a new position in Alerian MLP ETF in the third quarter valued at about $65,000. Armstrong Advisory Group Inc. raised its holdings in Alerian MLP ETF by 17.2% in the third quarter. Armstrong Advisory Group Inc. now owns 7,752 shares of the exchange traded fund’s stock worth $365,000 after purchasing an additional 1,138 shares in the last quarter. Finally, Violich Capital Management Inc. lifted its position in shares of Alerian MLP ETF by 1.7% during the third quarter. Violich Capital Management Inc. now owns 225,290 shares of the exchange traded fund’s stock valued at $10,618,000 after buying an additional 3,870 shares during the last quarter.

Alerian MLP ETF Stock Down 1.1 %

Shares of Alerian MLP ETF stock opened at $51.57 on Monday. The company has a market cap of $9.28 billion, a P/E ratio of 13.08 and a beta of 0.48. The firm’s 50 day moving average price is $49.74 and its 200-day moving average price is $48.12. Alerian MLP ETF has a 52-week low of $43.02 and a 52-week high of $52.82.

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.