Spirepoint Private Client LLC Buys 16,380 Shares of Alerian MLP ETF $AMLP

Spirepoint Private Client LLC raised its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 5.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 326,189 shares of the exchange traded fund’s stock after acquiring an additional 16,380 shares during the period. Alerian MLP ETF makes up about 1.6% of Spirepoint Private Client LLC’s portfolio, making the stock its 12th biggest holding. Spirepoint Private Client LLC owned approximately 0.15% of Alerian MLP ETF worth $15,308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the stock. Level Four Advisory Services LLC grew its stake in Alerian MLP ETF by 1.0% during the second quarter. Level Four Advisory Services LLC now owns 20,536 shares of the exchange traded fund’s stock worth $1,003,000 after buying an additional 210 shares in the last quarter. NBC Securities Inc. raised its position in Alerian MLP ETF by 1.1% during the second quarter. NBC Securities Inc. now owns 21,543 shares of the exchange traded fund’s stock valued at $1,052,000 after purchasing an additional 237 shares in the last quarter. Arlington Trust Co LLC lifted its stake in Alerian MLP ETF by 8.5% during the second quarter. Arlington Trust Co LLC now owns 3,207 shares of the exchange traded fund’s stock worth $157,000 after purchasing an additional 250 shares during the last quarter. Ergawealth Advisors Inc. boosted its holdings in shares of Alerian MLP ETF by 3.1% in the 2nd quarter. Ergawealth Advisors Inc. now owns 8,437 shares of the exchange traded fund’s stock valued at $412,000 after purchasing an additional 250 shares in the last quarter. Finally, MBA Advisors LLC increased its stake in shares of Alerian MLP ETF by 1.1% in the 2nd quarter. MBA Advisors LLC now owns 23,787 shares of the exchange traded fund’s stock valued at $1,162,000 after purchasing an additional 254 shares during the last quarter.

Alerian MLP ETF Stock Up 0.1%

NYSEARCA:AMLP opened at $47.47 on Tuesday. Alerian MLP ETF has a twelve month low of $43.75 and a twelve month high of $53.24. The stock’s 50-day simple moving average is $47.11 and its 200 day simple moving average is $47.65. The firm has a market capitalization of $10.63 billion, a PE ratio of 14.17 and a beta of 0.70.

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).