Fourpath Capital Management LLC Purchases 11,836 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Fourpath Capital Management LLC boosted its position in Alerian MLP ETF (NYSEARCA:AMLP) by 5.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 237,928 shares of the exchange traded fund’s stock after buying an additional 11,836 shares during the quarter. Alerian MLP ETF makes up approximately 2.1% of Fourpath Capital Management LLC’s portfolio, making the stock its 11th biggest position. Fourpath Capital Management LLC’s holdings in Alerian MLP ETF were worth $11,459,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of AMLP. Truist Financial Corp lifted its position in Alerian MLP ETF by 14.1% in the second quarter. Truist Financial Corp now owns 118,304 shares of the exchange traded fund’s stock valued at $5,676,000 after purchasing an additional 14,603 shares during the last quarter. Massmutual Trust Co. FSB ADV bought a new stake in Alerian MLP ETF during the 3rd quarter valued at $40,000. Park Avenue Securities LLC boosted its position in Alerian MLP ETF by 14.2% during the 3rd quarter. Park Avenue Securities LLC now owns 23,437 shares of the exchange traded fund’s stock valued at $1,105,000 after buying an additional 2,920 shares during the period. WealthBridge Capital Management LLC grew its holdings in Alerian MLP ETF by 8.3% in the 3rd quarter. WealthBridge Capital Management LLC now owns 44,174 shares of the exchange traded fund’s stock worth $2,082,000 after acquiring an additional 3,370 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC increased its position in shares of Alerian MLP ETF by 2.1% in the third quarter. Heartwood Wealth Advisors LLC now owns 61,255 shares of the exchange traded fund’s stock valued at $2,887,000 after acquiring an additional 1,263 shares during the period.

Alerian MLP ETF Trading Up 1.4 %

Shares of NYSEARCA:AMLP opened at $52.31 on Tuesday. The company has a 50-day moving average price of $49.80 and a 200-day moving average price of $48.14. The company has a market cap of $9.41 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 12 month low of $43.02 and a 12 month high of $52.82.

About Alerian MLP ETF

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.