Alerian MLP ETF (NYSEARCA:AMLP) is Searcy Financial Services Inc. ADV’s 6th Largest Position

Searcy Financial Services Inc. ADV increased its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 0.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 330,042 shares of the exchange traded fund’s stock after purchasing an additional 2,516 shares during the quarter. Alerian MLP ETF makes up about 7.3% of Searcy Financial Services Inc. ADV’s holdings, making the stock its 6th biggest position. Searcy Financial Services Inc. ADV’s holdings in Alerian MLP ETF were worth $15,895,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its stake in Alerian MLP ETF by 532.8% in the third quarter. Farther Finance Advisors LLC now owns 19,668 shares of the exchange traded fund’s stock valued at $927,000 after purchasing an additional 16,560 shares during the last quarter. Advisors Asset Management Inc. purchased a new position in shares of Alerian MLP ETF during the 3rd quarter valued at $65,000. Regency Capital Management Inc. DE grew its stake in shares of Alerian MLP ETF by 173.7% during the 3rd quarter. Regency Capital Management Inc. DE now owns 98,179 shares of the exchange traded fund’s stock worth $4,627,000 after acquiring an additional 62,304 shares during the period. Zions Bancorporation N.A. purchased a new stake in Alerian MLP ETF in the 2nd quarter worth about $96,000. Finally, Benjamin Edwards Inc. increased its holdings in Alerian MLP ETF by 47.0% in the 2nd quarter. Benjamin Edwards Inc. now owns 20,362 shares of the exchange traded fund’s stock worth $977,000 after acquiring an additional 6,514 shares during the last quarter.

Alerian MLP ETF Trading Up 0.9 %

Shares of AMLP stock traded up $0.43 during trading on Monday, reaching $49.61. 1,463,416 shares of the company’s stock traded hands, compared to its average volume of 1,191,843. The company has a market capitalization of $8.92 billion, a P/E ratio of 13.08 and a beta of 0.48. The firm’s 50-day moving average is $48.71 and its 200 day moving average is $47.78. Alerian MLP ETF has a 1 year low of $42.25 and a 1 year high of $51.47.

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.