Alerian MLP ETF $AMLP Shares Bought by Barry Investment Advisors LLC

Barry Investment Advisors LLC raised its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 12.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,733 shares of the exchange traded fund’s stock after acquiring an additional 5,289 shares during the period. Barry Investment Advisors LLC’s holdings in Alerian MLP ETF were worth $2,332,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new position in Alerian MLP ETF in the first quarter valued at approximately $34,000. Sequoia Financial Advisors LLC boosted its stake in Alerian MLP ETF by 3.5% in the first quarter. Sequoia Financial Advisors LLC now owns 8,118 shares of the exchange traded fund’s stock valued at $422,000 after acquiring an additional 275 shares during the period. Parallel Advisors LLC boosted its stake in Alerian MLP ETF by 8.2% in the second quarter. Parallel Advisors LLC now owns 7,558 shares of the exchange traded fund’s stock valued at $369,000 after acquiring an additional 572 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of Alerian MLP ETF by 153.5% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 12,437 shares of the exchange traded fund’s stock worth $646,000 after buying an additional 7,531 shares during the period. Finally, Tradewinds LLC. boosted its position in shares of Alerian MLP ETF by 8.6% during the first quarter. Tradewinds LLC. now owns 68,057 shares of the exchange traded fund’s stock worth $3,535,000 after buying an additional 5,391 shares during the period.

Alerian MLP ETF Trading Up 0.3%

Shares of NYSEARCA AMLP opened at $47.56 on Friday. The stock has a 50 day simple moving average of $48.31 and a 200-day simple moving average of $48.73. The company has a market cap of $10.22 billion, a PE ratio of 14.17 and a beta of 1.42. Alerian MLP ETF has a 12-month low of $43.75 and a 12-month high of $53.24.

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.