Fortem Financial Group LLC Increases Position in Alerian MLP ETF (NYSEARCA:AMLP)

Fortem Financial Group LLC lifted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 0.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 232,848 shares of the exchange traded fund’s stock after purchasing an additional 2,121 shares during the period. Alerian MLP ETF accounts for about 4.5% of Fortem Financial Group LLC’s portfolio, making the stock its biggest position. Fortem Financial Group LLC’s holdings in Alerian MLP ETF were worth $10,974,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Cypress Wealth Services LLC boosted its position in shares of Alerian MLP ETF by 3.7% during the 3rd quarter. Cypress Wealth Services LLC now owns 6,021 shares of the exchange traded fund’s stock worth $284,000 after purchasing an additional 217 shares in the last quarter. Retirement Planning Group LLC boosted its holdings in Alerian MLP ETF by 2.9% in the third 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. Opal Wealth Advisors LLC boosted its holdings in Alerian MLP ETF by 2.7% in the third 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 third 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 in the last quarter. Finally, Capital Advisors Ltd. LLC lifted its holdings in shares of Alerian MLP ETF by 1.4% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 18,337 shares of the exchange traded fund’s stock worth $880,000 after purchasing an additional 258 shares in the last quarter.

Alerian MLP ETF Stock Down 0.9 %

Shares of AMLP opened at $48.72 on Wednesday. Alerian MLP ETF has a 12-month low of $41.06 and a 12-month high of $51.47. The business’s fifty day moving average is $48.10 and its 200 day moving average is $47.42. The stock has a market cap of $8.76 billion, a P/E ratio of 13.08 and a beta of 0.48.

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.