Ballast Rock Private Wealth LLC Acquires New Shares in Alerian MLP ETF $AMLP

Ballast Rock Private Wealth LLC acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,759 shares of the exchange traded fund’s stock, valued at approximately $600,000.

A number of other large investors have also added to or reduced their stakes in AMLP. REAP Financial Group LLC raised its holdings in Alerian MLP ETF by 2,000.0% in the third quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 500 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new stake in Alerian MLP ETF in the fourth quarter valued at approximately $43,000. Whittier Trust Co. of Nevada Inc. boosted its position in Alerian MLP ETF by 800.0% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,125 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 1,000 shares in the last quarter. TFC Financial Management Inc. purchased a new stake in Alerian MLP ETF in the 3rd quarter worth approximately $60,000. Finally, BROOKFIELD Corp ON purchased a new stake in Alerian MLP ETF in the 2nd quarter worth approximately $65,000.

Alerian MLP ETF Trading Down 0.4%

Alerian MLP ETF stock opened at $53.16 on Friday. Alerian MLP ETF has a 12 month low of $44.64 and a 12 month high of $54.25. The firm has a market cap of $12.40 billion, a PE ratio of 14.17 and a beta of 0.52. The stock’s 50 day simple moving average is $52.46 and its two-hundred day simple moving average is $49.68.

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. 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).