Alerian MLP ETF $AMLP is Ball & Co Wealth Management Inc.’s 7th Largest Position

Ball & Co Wealth Management Inc. lowered its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 32.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 146,297 shares of the exchange traded fund’s stock after selling 70,532 shares during the quarter. Alerian MLP ETF accounts for 4.4% of Ball & Co Wealth Management Inc.’s portfolio, making the stock its 7th biggest holding. Ball & Co Wealth Management Inc. owned about 0.07% of Alerian MLP ETF worth $6,878,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of AMLP. Brighton Jones LLC boosted its holdings in Alerian MLP ETF by 19.4% during the 4th quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock valued at $2,157,000 after acquiring an additional 7,280 shares during the period. Qube Research & Technologies Ltd boosted its holdings in Alerian MLP ETF by 16.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 141,189 shares of the exchange traded fund’s stock valued at $6,898,000 after acquiring an additional 19,916 shares during the period. Sei Investments Co. purchased a new stake in Alerian MLP ETF in the 2nd quarter valued at about $623,000. Diversify Advisory Services LLC purchased a new stake in Alerian MLP ETF in the 2nd quarter valued at about $224,000. Finally, Quantinno Capital Management LP boosted its position in Alerian MLP ETF by 63.3% in the 2nd quarter. Quantinno Capital Management LP now owns 50,768 shares of the exchange traded fund’s stock valued at $2,481,000 after buying an additional 19,678 shares during the period.

Alerian MLP ETF Price Performance

Alerian MLP ETF stock opened at $52.06 on Tuesday. The stock has a market cap of $12.07 billion, a price-to-earnings ratio of 14.17 and a beta of 0.56. Alerian MLP ETF has a 1 year low of $44.64 and a 1 year high of $54.20. The firm has a 50-day moving average of $52.08 and a two-hundred day moving average of $49.00.

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).