Alerian MLP ETF $AMLP Shares Acquired by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC boosted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 79.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,417 shares of the exchange traded fund’s stock after acquiring an additional 21,021 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Alerian MLP ETF were worth $2,225,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Level Four Advisory Services LLC grew its stake in shares of Alerian MLP ETF by 1.0% in 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 purchasing an additional 210 shares in the last quarter. Opal Wealth Advisors LLC grew its position in Alerian MLP ETF by 2.7% in the 3rd quarter. Opal Wealth Advisors LLC now owns 8,467 shares of the exchange traded fund’s stock valued at $397,000 after buying an additional 221 shares in the last quarter. Fountainhead AM LLC increased its stake in Alerian MLP ETF by 4.5% during the 2nd quarter. Fountainhead AM LLC now owns 6,057 shares of the exchange traded fund’s stock valued at $296,000 after buying an additional 259 shares during the period. Berkeley Capital Partners LLC raised its position in shares of Alerian MLP ETF by 0.4% during the 2nd quarter. Berkeley Capital Partners LLC now owns 62,385 shares of the exchange traded fund’s stock worth $3,048,000 after buying an additional 270 shares in the last quarter. Finally, Redwood Park Advisors LLC raised its position in shares of Alerian MLP ETF by 17.6% during the 2nd quarter. Redwood Park Advisors LLC now owns 1,817 shares of the exchange traded fund’s stock worth $89,000 after buying an additional 272 shares in the last quarter.

Alerian MLP ETF Price Performance

Alerian MLP ETF stock opened at $50.72 on Friday. Alerian MLP ETF has a 12-month low of $43.75 and a 12-month high of $53.24. The stock has a market capitalization of $11.43 billion, a PE ratio of 14.17 and a beta of 0.70. The firm has a 50 day simple moving average of $48.16 and a 200-day simple moving average of $47.73.

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. 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).