Alerian MLP ETF (NYSEARCA:AMLP) is Madison Park Capital Advisors LLC’s 5th Largest Position

Madison Park Capital Advisors LLC lifted its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 5.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 134,715 shares of the exchange traded fund’s stock after buying an additional 6,832 shares during the quarter. Alerian MLP ETF comprises about 5.2% of Madison Park Capital Advisors LLC’s holdings, making the stock its 5th biggest holding. Madison Park Capital Advisors LLC’s holdings in Alerian MLP ETF were worth $6,488,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Bank of New York Mellon Corp increased its holdings in shares of 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 acquiring an additional 433 shares during the period. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Alerian MLP ETF by 22.4% in the 2nd 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 period. Thrivent Financial for Lutherans increased its holdings in shares of Alerian MLP ETF by 2.0% in the 2nd quarter. Thrivent Financial for Lutherans now owns 26,856 shares of the exchange traded fund’s stock valued at $1,289,000 after acquiring an additional 531 shares during the period. Elgethun Capital Management increased its holdings in shares of Alerian MLP ETF by 1.8% in the 2nd quarter. Elgethun Capital Management now owns 162,503 shares of the exchange traded fund’s stock valued at $7,797,000 after acquiring an additional 2,872 shares during the period. Finally, Brick & Kyle Associates increased its holdings in shares of Alerian MLP ETF by 3.5% in the 2nd quarter. Brick & Kyle Associates now owns 140,219 shares of the exchange traded fund’s stock valued at $6,728,000 after acquiring an additional 4,738 shares during the period.

Alerian MLP ETF Price Performance

Shares of Alerian MLP ETF stock opened at $52.47 on Wednesday. The stock has a market capitalization of $9.44 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The firm’s fifty day simple moving average is $49.17 and its 200-day simple moving average is $47.93. Alerian MLP ETF has a 12 month low of $42.69 and a 12 month high of $52.65.

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.