Noesis Capital Mangement Corp Has $292,000 Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Noesis Capital Mangement Corp increased its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 14.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,200 shares of the exchange traded fund’s stock after acquiring an additional 800 shares during the period. Noesis Capital Mangement Corp’s holdings in Alerian MLP ETF were worth $292,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Russell Investments Group Ltd. purchased a new position in Alerian MLP ETF during the 1st quarter worth $27,000. Ashton Thomas Securities LLC bought a new position in shares of Alerian MLP ETF during the third quarter valued at about $28,000. Asset Dedication LLC boosted its holdings in Alerian MLP ETF by 1,244.0% during the second quarter. Asset Dedication LLC now owns 672 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 622 shares during the last quarter. Massmutual Trust Co. FSB ADV bought a new stake in Alerian MLP ETF in the 3rd quarter worth about $40,000. Finally, ORG Wealth Partners LLC purchased a new stake in Alerian MLP ETF in the 3rd quarter valued at about $41,000.

Alerian MLP ETF Stock Up 1.3 %

Alerian MLP ETF stock opened at $50.31 on Thursday. The stock has a market cap of $9.05 billion, a P/E ratio of 13.08 and a beta of 0.48. The company’s 50 day moving average price is $47.52 and its two-hundred day moving average price is $47.15. Alerian MLP ETF has a 52 week low of $41.06 and a 52 week high of $50.51.

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.