Gilliland Jeter Wealth Management LLC Purchases Shares of 43,601 Alerian Energy Infrastructure ETF $ENFR

Gilliland Jeter Wealth Management LLC acquired a new position in Alerian Energy Infrastructure ETF (NYSEARCA:ENFR) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 43,601 shares of the company’s stock, valued at approximately $1,413,000. Gilliland Jeter Wealth Management LLC owned 0.43% of Alerian Energy Infrastructure ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Bulwark Capital Corp purchased a new stake in Alerian Energy Infrastructure ETF in the third quarter worth $255,000. Ameriprise Financial Inc. raised its holdings in Alerian Energy Infrastructure ETF by 34.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 162,798 shares of the company’s stock worth $5,249,000 after purchasing an additional 41,808 shares in the last quarter. Ameriflex Group Inc. raised its holdings in Alerian Energy Infrastructure ETF by 68.3% in the 2nd quarter. Ameriflex Group Inc. now owns 7,038 shares of the company’s stock worth $226,000 after purchasing an additional 2,857 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of Alerian Energy Infrastructure ETF by 17.3% in the 1st quarter. NewEdge Advisors LLC now owns 39,278 shares of the company’s stock worth $1,287,000 after purchasing an additional 5,799 shares during the period.

Alerian Energy Infrastructure ETF Trading Down 0.2%

Shares of ENFR opened at $31.83 on Friday. Alerian Energy Infrastructure ETF has a 1-year low of $27.38 and a 1-year high of $34.28. The firm’s 50-day moving average price is $31.22 and its 200-day moving average price is $31.42. The firm has a market capitalization of $333.58 million, a price-to-earnings ratio of 18.78 and a beta of 0.81.

About Alerian Energy Infrastructure ETF

The Alerian Energy Infrastructure ETF (ENFR) is an exchange-traded fund that is based on the Alerian Midstream Energy Select index. The fund tracks an index of energy infrastructure companies in the US and Canada, weighted by market capitalization. ENFR was launched on Nov 1, 2013 and is managed by Alerian.