92,371 Shares in Alerian MLP ETF (NYSEARCA:AMLP) Bought by Clark Capital Management Group Inc.

Clark Capital Management Group Inc. purchased a new stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 92,371 shares of the exchange traded fund’s stock, valued at approximately $4,449,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital Investment Advisory Services LLC lifted its holdings in shares of Alerian MLP ETF by 2.8% during the fourth quarter. Capital Investment Advisory Services LLC now owns 8,024 shares of the exchange traded fund’s stock valued at $386,000 after purchasing an additional 222 shares during the last quarter. Allred Capital Management LLC raised its stake in shares of Alerian MLP ETF by 3.1% in the 4th quarter. Allred Capital Management LLC now owns 8,152 shares of the exchange traded fund’s stock valued at $393,000 after acquiring an additional 246 shares in the last quarter. Auour Investments LLC grew its position in shares of Alerian MLP ETF by 1.4% in the fourth quarter. Auour Investments LLC now owns 17,948 shares of the exchange traded fund’s stock valued at $926,000 after purchasing an additional 249 shares during the last quarter. Savant Capital LLC increased its holdings in shares of Alerian MLP ETF by 1.0% during the 4th quarter. Savant Capital LLC now owns 26,171 shares of the exchange traded fund’s stock worth $1,260,000 after purchasing an additional 255 shares during the period. Finally, Kathleen S. Wright Associates Inc. raised its holdings in Alerian MLP ETF by 17.1% in the 4th quarter. Kathleen S. Wright Associates Inc. now owns 1,810 shares of the exchange traded fund’s stock valued at $87,000 after acquiring an additional 264 shares in the last quarter.

Alerian MLP ETF Stock Up 0.3 %

NYSEARCA:AMLP opened at $48.06 on Friday. The firm has a 50-day moving average price of $49.45 and a 200 day moving average price of $49.59. The firm has a market capitalization of $9.99 billion, a PE ratio of 13.17 and a beta of 0.99. Alerian MLP ETF has a 12-month low of $43.75 and a 12-month high of $53.24.

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.