Enclave Advisors LLC Has $13.40 Million Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Enclave Advisors LLC boosted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 3.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 278,238 shares of the exchange traded fund’s stock after acquiring an additional 9,217 shares during the period. Alerian MLP ETF accounts for about 2.2% of Enclave Advisors LLC’s investment portfolio, making the stock its 10th largest holding. Enclave Advisors LLC owned about 0.15% of Alerian MLP ETF worth $13,400,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of AMLP. Hilton Capital Management LLC purchased a new position in shares of Alerian MLP ETF during the third quarter valued at approximately $31,562,000. EP Wealth Advisors LLC raised its stake 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 buying an additional 506,582 shares during the last quarter. School Employees Retirement Board of Ohio bought a new stake in Alerian MLP ETF in the third quarter worth $14,643,000. LPL Financial LLC grew its stake in shares of Alerian MLP ETF by 13.0% in the third quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock worth $113,110,000 after acquiring an additional 275,254 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of Alerian MLP ETF by 233.3% during the second quarter. NewEdge Advisors LLC now owns 375,554 shares of the exchange traded fund’s stock valued at $18,019,000 after acquiring an additional 262,884 shares in the last quarter.

Alerian MLP ETF Price Performance

AMLP opened at $52.47 on Wednesday. The firm has a market cap of $9.44 billion, a PE ratio of 13.08 and a beta of 0.48. The stock has a 50-day moving average price of $49.17 and a 200-day moving average price of $47.93. Alerian MLP ETF has a 1 year low of $42.69 and a 1 year high of $52.65.

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.