ORG Partners LLC Buys 65,770 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

ORG Partners LLC boosted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 234.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 93,869 shares of the exchange traded fund’s stock after acquiring an additional 65,770 shares during the period. ORG Partners LLC owned 0.05% of Alerian MLP ETF worth $4,521,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in AMLP. Hilton Capital Management LLC bought a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at $31,562,000. EP Wealth Advisors LLC raised its holdings in Alerian MLP ETF by 10,423.5% during the third quarter. EP Wealth Advisors LLC now owns 511,442 shares of the exchange traded fund’s stock valued at $24,104,000 after acquiring an additional 506,582 shares during the period. Blair William & Co. IL lifted its position in shares of Alerian MLP ETF by 260.0% in the second quarter. Blair William & Co. IL now owns 484,890 shares of the exchange traded fund’s stock valued at $23,265,000 after acquiring an additional 350,196 shares in the last quarter. School Employees Retirement Board of Ohio bought a new position in shares of Alerian MLP ETF in the third quarter worth about $14,643,000. Finally, LPL Financial LLC grew its position in shares of Alerian MLP ETF by 13.0% during the third quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock worth $113,110,000 after purchasing an additional 275,254 shares in the last quarter.

Alerian MLP ETF Stock Down 0.2 %

NYSEARCA AMLP traded down $0.10 during trading hours on Friday, reaching $49.36. The company’s stock had a trading volume of 543,085 shares, compared to its average volume of 1,025,627. Alerian MLP ETF has a 1 year low of $42.25 and a 1 year high of $51.47. The company has a market capitalization of $8.88 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The firm’s 50-day moving average price is $48.66 and its 200-day moving average price is $47.77.

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.