United Capital Financial Advisors LLC Has $4.13 Million Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

United Capital Financial Advisors LLC raised its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 85,770 shares of the exchange traded fund’s stock after buying an additional 1,076 shares during the period. United Capital Financial Advisors LLC’s holdings in Alerian MLP ETF were worth $4,131,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of AMLP. Park Avenue Securities LLC raised its position in Alerian MLP ETF by 38.8% in the 4th quarter. Park Avenue Securities LLC now owns 32,525 shares of the exchange traded fund’s stock valued at $1,566,000 after purchasing an additional 9,088 shares during the last quarter. Edgemoor Investment Advisors Inc. acquired a new stake in shares of Alerian MLP ETF in the fourth quarter valued at $214,000. Fisher Asset Management LLC acquired a new stake in shares of Alerian MLP ETF in the fourth quarter valued at $211,000. Strategic Financial Concepts LLC bought a new position in shares of Alerian MLP ETF in the fourth quarter valued at about $27,000. Finally, Samalin Investment Counsel LLC lifted its position in Alerian MLP ETF by 19.3% during the 4th quarter. Samalin Investment Counsel LLC now owns 43,667 shares of the exchange traded fund’s stock worth $2,103,000 after buying an additional 7,059 shares in the last quarter.

Alerian MLP ETF Trading Down 0.4 %

AMLP opened at $48.20 on Thursday. Alerian MLP ETF has a 1-year low of $43.75 and a 1-year high of $53.24. The stock has a market capitalization of $9.99 billion, a PE ratio of 14.02 and a beta of 0.99. The firm has a 50-day moving average price of $50.48 and a two-hundred day moving average price of $49.47.

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.