Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Opal Wealth Advisors LLC

Opal Wealth Advisors LLC trimmed its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 4.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,731 shares of the exchange traded fund’s stock after selling 436 shares during the period. Opal Wealth Advisors LLC’s holdings in Alerian MLP ETF were worth $420,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Retirement Planning Group LLC boosted its stake in shares of Alerian MLP ETF by 2.9% during the 3rd quarter. Retirement Planning Group LLC now owns 7,830 shares of the exchange traded fund’s stock worth $369,000 after acquiring an additional 218 shares in the last quarter. Capital Investment Advisory Services LLC lifted its holdings in shares of Alerian MLP ETF by 2.8% during 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 purchasing an additional 222 shares during the last quarter. Mach 1 Financial Group LLC boosted its position in shares of Alerian MLP ETF by 2.4% in the 3rd quarter. Mach 1 Financial Group LLC now owns 10,487 shares of the exchange traded fund’s stock valued at $494,000 after purchasing an additional 244 shares during the period. Savant Capital LLC increased its stake in Alerian MLP ETF by 1.0% in the 4th quarter. Savant Capital LLC now owns 26,171 shares of the exchange traded fund’s stock worth $1,260,000 after purchasing an additional 255 shares in the last quarter. Finally, Kathleen S. Wright Associates Inc. raised its holdings in Alerian MLP ETF by 17.1% during the 4th quarter. Kathleen S. Wright Associates Inc. now owns 1,810 shares of the exchange traded fund’s stock worth $87,000 after buying an additional 264 shares during the period.

Alerian MLP ETF Trading Down 0.3 %

AMLP stock opened at $52.18 on Monday. The firm has a 50-day moving average of $49.98 and a two-hundred day moving average of $48.25. The firm has a market capitalization of $9.39 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a one year low of $43.02 and a one year 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.