11,710 Alerian MLP ETF $AMLP Shares Purchased by MGO One Seven LLC

MGO One Seven LLC grew its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 26.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,890 shares of the exchange traded fund’s stock after acquiring an additional 11,710 shares during the quarter. MGO One Seven LLC’s holdings in Alerian MLP ETF were worth $2,899,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Americana Partners LLC raised its holdings in Alerian MLP ETF by 0.7% in the third quarter. Americana Partners LLC now owns 84,082 shares of the exchange traded fund’s stock valued at $4,361,000 after buying an additional 575 shares during the period. International Assets Investment Management LLC lifted its position in Alerian MLP ETF by 29.0% during the third quarter. International Assets Investment Management LLC now owns 29,738 shares of the exchange traded fund’s stock valued at $1,543,000 after buying an additional 6,679 shares in the last quarter. Glenview Trust Co purchased a new stake in Alerian MLP ETF during the third quarter worth approximately $488,000. Partners Wealth Management LLC purchased a new stake in Alerian MLP ETF during the third quarter worth approximately $552,000. Finally, Interchange Capital Partners LLC grew its stake in Alerian MLP ETF by 13.4% during the third quarter. Interchange Capital Partners LLC now owns 5,192 shares of the exchange traded fund’s stock worth $269,000 after buying an additional 614 shares during the period.

Alerian MLP ETF Stock Down 0.3%

Alerian MLP ETF stock opened at $52.60 on Wednesday. The firm has a fifty day moving average of $53.82 and a 200-day moving average of $52.87. Alerian MLP ETF has a 52-week low of $46.04 and a 52-week high of $56.43. The firm has a market capitalization of $12.69 billion, a P/E ratio of 14.17 and a beta of 0.53.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).