Americana Partners LLC Boosts Stake in Alerian MLP ETF $AMLP

Americana Partners LLC grew its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 50.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,716 shares of the exchange traded fund’s stock after purchasing an additional 10,958 shares during the period. Americana Partners LLC’s holdings in Alerian MLP ETF were worth $1,535,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Level Four Advisory Services LLC raised its stake in shares of Alerian MLP ETF by 1.0% in the 2nd quarter. Level Four Advisory Services LLC now owns 20,536 shares of the exchange traded fund’s stock valued at $1,003,000 after acquiring an additional 210 shares during the period. Opal Wealth Advisors LLC raised its stake in shares of Alerian MLP ETF by 2.7% in the third quarter. Opal Wealth Advisors LLC now owns 8,467 shares of the exchange traded fund’s stock valued at $397,000 after acquiring an additional 221 shares in the last quarter. Ergawealth Advisors Inc. grew its stake in Alerian MLP ETF by 3.1% during the 2nd quarter. Ergawealth Advisors Inc. now owns 8,437 shares of the exchange traded fund’s stock worth $412,000 after purchasing an additional 250 shares in the last quarter. MBA Advisors LLC boosted 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 buying an additional 254 shares during the period. Finally, Fountainhead AM LLC grew its position in shares of Alerian MLP ETF by 4.5% during the second quarter. Fountainhead AM LLC now owns 6,057 shares of the exchange traded fund’s stock worth $296,000 after buying an additional 259 shares in the last quarter.

Alerian MLP ETF Stock Performance

AMLP stock opened at $48.97 on Wednesday. The company’s 50 day moving average price is $47.44 and its 200 day moving average price is $47.62. The firm has a market capitalization of $10.98 billion, a price-to-earnings ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $53.24.

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).