Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC lowered its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 52.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,250 shares of the exchange traded fund’s stock after selling 8,040 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Alerian MLP ETF were worth $349,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of AMLP. Kingsview Wealth Management LLC lifted its position in Alerian MLP ETF by 4.5% during the fourth quarter. Kingsview Wealth Management LLC now owns 98,053 shares of the exchange traded fund’s stock worth $4,722,000 after buying an additional 4,250 shares during the period. Apollon Wealth Management LLC lifted its holdings in shares of Alerian MLP ETF by 4.0% during the 4th quarter. Apollon Wealth Management LLC now owns 80,999 shares of the exchange traded fund’s stock worth $3,901,000 after acquiring an additional 3,101 shares during the period. Mezzasalma Advisors LLC acquired a new stake in shares of Alerian MLP ETF in the fourth quarter worth approximately $847,000. SMART Wealth LLC grew its holdings in Alerian MLP ETF by 12.0% in the fourth quarter. SMART Wealth LLC now owns 78,403 shares of the exchange traded fund’s stock valued at $3,776,000 after purchasing an additional 8,399 shares during the period. Finally, Tandem Financial LLC acquired a new position in Alerian MLP ETF during the fourth quarter worth approximately $644,000.

Alerian MLP ETF Stock Up 0.9 %

Shares of AMLP opened at $52.63 on Tuesday. Alerian MLP ETF has a fifty-two week low of $43.29 and a fifty-two week high of $53.24. The company’s fifty day moving average is $50.01 and its two-hundred day moving average is $48.28. The firm has a market cap of $9.47 billion, a PE 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.