Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Newbridge Financial Services Group Inc.

Newbridge Financial Services Group Inc. lowered its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 12.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,352 shares of the exchange traded fund’s stock after selling 483 shares during the period. Newbridge Financial Services Group Inc.’s holdings in Alerian MLP ETF were worth $161,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Retirement Planning Group LLC increased 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 valued at $369,000 after acquiring an additional 218 shares during the last quarter. Capital Investment Advisory Services LLC boosted its position in shares of 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 worth $386,000 after buying an additional 222 shares during the period. Opal Wealth Advisors LLC lifted its position in Alerian MLP ETF by 2.7% during the 3rd quarter. Opal Wealth Advisors LLC now owns 9,167 shares of the exchange traded fund’s stock worth $432,000 after acquiring an additional 242 shares in the last quarter. Mach 1 Financial Group LLC boosted its holdings in 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 worth $494,000 after acquiring an additional 244 shares during the period. Finally, Kathleen S. Wright Associates Inc. grew its position in Alerian MLP ETF by 17.1% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 1,810 shares of the exchange traded fund’s stock valued at $87,000 after acquiring an additional 264 shares in the last quarter.

Alerian MLP ETF Trading Down 0.3 %

Shares of AMLP stock opened at $52.18 on Monday. The firm has a fifty day simple moving average of $49.98 and a 200-day simple moving average of $48.25. The company 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 twelve month low of $43.02 and a twelve month high of $53.24.

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.