RiverTree Advisors LLC Has $4.40 Million Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

RiverTree Advisors LLC lowered its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 1.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 91,296 shares of the exchange traded fund’s stock after selling 1,013 shares during the quarter. Alerian MLP ETF accounts for 2.9% of RiverTree Advisors LLC’s holdings, making the stock its 13th biggest position. RiverTree Advisors LLC’s holdings in Alerian MLP ETF were worth $4,397,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Bank of New York Mellon Corp increased its stake in Alerian MLP ETF by 6.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 7,285 shares of the exchange traded fund’s stock valued at $350,000 after buying an additional 433 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its position in shares of Alerian MLP ETF by 22.4% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 21,066 shares of the exchange traded fund’s stock valued at $1,011,000 after acquiring an additional 3,861 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in Alerian MLP ETF by 2.0% during the second quarter. Thrivent Financial for Lutherans now owns 26,856 shares of the exchange traded fund’s stock worth $1,289,000 after acquiring an additional 531 shares in the last quarter. Hancock Whitney Corp raised its holdings in Alerian MLP ETF by 19.2% during the second quarter. Hancock Whitney Corp now owns 57,934 shares of the exchange traded fund’s stock worth $2,780,000 after acquiring an additional 9,313 shares in the last quarter. Finally, Evergreen Capital Management LLC boosted its position in Alerian MLP ETF by 0.5% during the second quarter. Evergreen Capital Management LLC now owns 159,466 shares of the exchange traded fund’s stock valued at $7,651,000 after purchasing an additional 773 shares during the last quarter.

Alerian MLP ETF Stock Up 0.4 %

NYSEARCA:AMLP opened at $51.71 on Monday. The firm has a market capitalization of $9.30 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a twelve month low of $42.25 and a twelve month high of $51.75. The stock’s 50 day moving average price is $49.01 and its two-hundred day moving average price is $47.88.

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.